1. (1) be insured or otherwise have a similar protection if that country does not technically provide insurance;
2. (2) be rated "A" or better by one NRSRO; and
3. (3) be domiciled in a country in which the sovereign debt rating is "A" or better by the NRSRO.

To be qualified for deposit under Section 53B-7-60 the FDI shall:

KEY: foreign deposits, higher education, public funds

Date of Last Change: June 21, 2024

Authorizing, and Implemented or Interpreted Law: 51-7-4(1)(b)(iii); 51-7-17(4)(a); 53B-7-601