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Secretary of Labor Hilda L. Solis
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Content Last Revised: 7/26/2005
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CFR  

Code of Federal Regulations Pertaining to U.S. Department of Labor

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Title 20  

Employees' Benefits

 

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Chapter VI  

Employment Standards Administration, Department of Labor

 

 

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Part 703  

Insurance Regulations

20 CFR 703.208 - Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon.

  • Section Number: 703.208
  • Section Name: Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon.
    Deposits of negotiable securities provided for by the regulations in 
this part must be made with any Federal Reserve bank or any branch of a 
Federal Reserve bank designated by the Branch, or the Treasurer of the 
United States, and must be held subject to the order of the Branch. The 
Branch will authorize the insurance carrier to collect interest on the 
securities it deposits unless any of the conditions set forth at Sec.  
703.211(a) occur.
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