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Code · Florida · Title IV — Executive Branch · Chapter 17

17.66 Securities in book-entry form.

123 words·~1 min read·/fl/title-iv/chapter-17/17-66

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any security that:
(1)(a) Is eligible to be held in book-entry form on the books of the Federal Reserve Book-Entry System; or
(b)Is eligible for deposit in a depository trust clearing system established to hold and transfer securities by computerized book-entry systems; and which
(2)(a) Is held in the name of the Chief Financial Officer, in the name of the State Treasurer, or in the name of the State Insurance Commissioner; or
(b)Is pledged to the Chief Financial Officer, to the State Treasurer, or to the State Insurance Commissioner;
under any state law for any purpose whatsoever, may be held in book-entry form on the books of the Federal Reserve Book-Entry System or on deposit in a depository trust clearing system.
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