NAC356.030. “Collateral pool” defined.

Latest version.

“Collateral pool” means the method of securing the repayment of the uninsured balances of the deposits of a participating public depositor at a depository through the total collateral pledged at a third-party depository for the uninsured balances of the deposits of all participating public depositors.

(Added to NAC by St. Treasurer by R028-04, eff. 6-30-2004)

                    
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