Utah Admin. Code R628-24-5 - Requirements for Deposits
To be qualified for deposit under Section 53B-7-60 the FDI shall:
(1) be insured or otherwise
have a similar protection if that country does not technically provide
insurance;
(2) be rated "A" or
better by one NRSRO; and
(3) be
domiciled in a country in which the sovereign debt rating is "A" or better by
the NRSRO.
Notes
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