SECTION 375.213. Records of Custodian  


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  • (a) The custodian shall maintain a separate, accurate, and complete record relating to each pledged security and each transaction relating to a pledged security.

    (b) The comptroller or the executive administrator may examine and verify at any reasonable time a pledged security or a record a custodian maintains under this section. The Board or its agent may inspect at any time a pledged security evidenced by a trust receipt.

    (c) The custodian shall file a collateral report with the comptroller in the manner and on the dates prescribed by the comptroller.

Source Note: The provisions of this §375.213 adopted to be effective September 8, 2010, 35 TexReg 8126