§ 47-7-216. Custody of security.  


Latest version.
  • The Department shall place any negotiable security, or security issued in bearer form, deposited with it under this chapter in the custody of the State Treasurer.  Receipts or other documents evidencing the existence of a security shall be retained by the Department.

Added by Laws 1961, p. 357, § 7-216, eff. Sept. 1, 1961.  Amended by  Laws 1998, c. 85, § 2, eff. July 1, 1998.