33-3-450. Purpose.
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/mt/title-33/chapter-3/part-4/33-3-450·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
33-3-450 . Purpose. The purpose of 33-3-450 through 33-3-453 is to authorize domestic insurance companies to utilize modern systems for holding and transferring securities without physical delivery of securities certificates, subject to appropriate rules adopted by the commissioner.