§ 35-10.1-4. Substitution of collateral. A qualified depository institution may substitute insurance or different forms of collateral from time to time without notice to the public depositor or the commission; provided, that any substitute collateral constitutes eligible collateral; and provided, further, that no substitution of insurance or collateral shall cause the depository institution to cease being a qualified depository institution.
History of Section. (P.L. 1991, ch. 44, art. 74, § 1.)
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