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2001 Florida Statutes
SECTION 24
Securities in book-entry form.
Securities in book-entry form.
18.24 Securities in book-entry form.--Any security which:
(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 State Treasurer or in the name of the State Insurance Commissioner; or
(b) Is pledged 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.