R628-20-5. Requirements for Deposits  


Latest version.
  •   (1) To be qualified for deposit under Section 53B-7-60 the FDI shall:

      (a) be insured or otherwise have a similar protection if that country does not technically provide insurance;

      (b) be rated "A" or better by one NRSRO; and

      (c) be domiciled in a country in which the sovereign debt rating is "A" or better by the NRSRO.