- (1) This rule is issued pursuant to Subsection 7-1-301(3).
- (2) This rule governs the type of securities brokerage service industrial loan corporations may offer.
- (3) The purpose of this rule is to allow securities activities limited to "discount brokerage" services by industrial loan corporations, similar to the discount brokerage services allowed state chartered banks.
KEY: financial institutions
Date of Last Change: December 2, 1997
Notice of Continuation: September 21, 2022
Authorizing, and Implemented or Interpreted Law: 7-1-301(3)