Iowa Code r. 781-13.8 - Eligible collateral provisions

(1) Pledged collateral shall be one or more of those securities or other items of collateral specified in 781-13.2 (12C), definition of "eligible collateral," and shall be acceptable to the treasurer.
(2) The acceptance of a security or other items as collateral by the approved custodian does not prevent the treasurer from requiring substitution of such security or other items at a later time as a result of statutory amendment or other changes or circumstances which affect the valuation, marketability, liquidity, ownership, or perfectibility.

Notes

Iowa Code r. 781-13.8

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