California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 7 — Other Provisional Remedies in Civil Actions, Chapter 5 — Receivers, Section 568.1

Any securities in the hands of a receiver may, under the control of the court, be deposited by the receiver in a securities depository, as defined in Section 30004 of the Financial Code, which is licensed under Section 30200 of the Financial Code or exempted from licensing thereunder by Section 30005 or 30006 of the Financial Code, and such securities may be held by such securities depository in the manner authorized by Section 775 of the Financial Code.

Notes

Allows securities held by a receiver, under court control, to be deposited in a securities depository meeting the referenced Financial Code definition and licensing or exemption requirements. The depository may hold those securities in the manner authorized by the referenced Financial Code provision.

Use as reference

Lexinter.net | California Code, Code of Civil Procedure - CCP § 568.1 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-7/chapter-5/section-568-1

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