Utah Admin. Code R628-22-6 - Allowed Structures

Current through Bulletin No. 2021-18, September 15, 2021

Structures allowed for negotiable brokered certificates of deposit are:

(1) Fixed rate;
(2) callable;
(3) Step up rates, and
(4) Floating rate certificates of deposit based on Libor or Libor's subsequent replacement.

Notes

Utah Admin. Code R628-22-6
Adopted by Utah State Bulletin Number 2019-17, effective 8/7/2019

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