17.66 Securities in book-entry form. - Florida Statutes

17.66 Securities in book-entry form.

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.

History. s. 3, ch. 87-331; s. 66, ch. 2003-261.

Note. Former s. 18.24.