Bank investments require a written request by the Official Liquidator; securities held and sold only on written instructions. Investments by the Bank require a written request from the Official Liquidator; securities are retained in the Bank in the name and on behalf of the ... Summary
Bank investments require a written request by the Official Liquidator; securities held and sold only on written instructions.
Investments by the Bank require a written request from the Official Liquidator; securities are retained in the Bank in the name and on behalf of the Official Liquidator and may be sold only by the Bank under the Official Liquidator's written instructions, with sale proceeds credited to the Official Liquidator's account. The term Bank includes branches but not agencies.
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