9702
Effective Jan 1, 2015Amended by Stats. 2014, Ch. 71, Sec. 139. (SB 1304) Effective January 1, 2015.
- (a) A trust company serving as personal representative may deposit securities that constitute all or part of the estate in a securities depository, as provided in Section 1612 of the Financial Code.
- (b) If securities have been deposited with a trust company by a personal representative pursuant to Section 9701, the trust company may deposit the securities in a securities depository, as provided in Section 1612 of the Financial Code.
- (c) The securities depository may hold securities deposited with it in the manner authorized by Section 1612 of the Financial Code.