Deposit of Portfolio Assets in a Securities Systems. The Custodian may deposit and/or maintain securities owned by each Portfolio in a clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934, which acts as a securities depository, or in the book-entry system authorized by the U.S. Department of Treasury and certain federal agencies, collectively referred to herein as a "Securities Systems" in accordance with applicable Federal Reserve Board and Securities and Exchange Commission rules and regulations, if any, and subject to the following provisions:
Appears in 3 contracts
Samples: Custodian Agreement (Intrust Funds Trust), Custodian Agreement (Ibj Funds Trust), Custodian Agreement (Whitehall Funds Trust)
