CHAPTER 07 ‑ COLLATERALIZATION OF DEPOSITS

SECTION .0100 ‑ GENERAL

20 NCAC 07 .0101             GENERAL INFORMATION

(a)  This Chapter sets forth the manner in which the official depositories shall provide the collateralization of the uninsured balances on deposit in accordance with provisions in G.S. 18B‑702(d), G.S. 115C‑443 and 444, G.S. 115D‑58.6(b) and 58.7(b), and G.S. 147‑69.1 and 79, G.S. 159‑30 and 31, G.S. 116‑36.1(h), and G.S. 84-34.1

(b)  All correspondence to the State Treasurer under this Chapter shall be addressed to: Division of Investment and Banking, Department of State Treasurer, 3200 Atlantic Avenue, Raleigh, North Carolina 27604.

History Note:        Authority G.S. 115C‑444(b); 147‑79; 159‑31(b);

Eff. August 1, 1980;

Readopted with Change Eff. February 1, 1982;

Amended Eff. April 1, 1994; August 1, 1987;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. April 5, 2016;

Amended Eff. September 1, 2019.