Depository.

Depository. A clearing corporation within the meaning of Article 8 of the Uniform Commercial Code, including any Federal Reserve Bank, that maintains systems by which ownership and transfer of interests in Book-entry Ginnie Mae Securities are made through entries on the books of such clearing corporation.

Source

24 CFR § 350.2


Scoping language

Specified Terms. As used in this part, the following terms shall have the meanings indicated:

Is this correct? or