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California · Through 2026-09-13

FIN § 2089

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 1.2. MONEY TRANSMISSION ACT [2000. - 2176.]
  3. CHAPTER 5. Eligible Securities [2081. - 2089.]

A licensee shall maintain eligible securities that are adequately diversified, predominantly of a duration commensurate with the licensee’s outstanding money transmission obligations, and of sufficient liquidity and quality to promptly pay the outstanding money transmission obligations of the licensee.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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