California · Financial Code
FIN §1606: Securities held by a trust company by direction of any court order issued pursuant to Section 1605 may be deposited in a securities depository, as defined in Section 30004, which is licensed under Sec
What this law says, in plain English
Trust companies may deposit securities in a licensed securities depository when directed by a court order under Section 1605.
Read the full statutory text
Securities held by a trust company by direction of any court order issued pursuant to Section 1605 may be deposited in a securities depository, as defined in Section 30004, which is licensed under Section 30200 or exempted from licensing thereunder by Section 30005 or 30006.
Verify at the official source: California legislative text
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