Collateral Act definition

Collateral Act means Chapter 2257, Texas Government Code, as amended from time to time.

Collateral Act means Chapter 2257, Texas Government Code, as

Collateral Act. The Belgian Collateral Act (Wet van 15 december 2004 betreffende financiële zekerheden en houdende diverse fiscale bepalingen inzake zakelijke zekerheidsovereenkomsten en leningen met betrekking tot financiële instrumenten);

Examples of Collateral Act in a sentence

• Secured in accordance with Government Code Chapter 2257 (Public Funds Collateral Act) or in any other manner and amount provided by law for the deposits of the district.Gov’t Code 2256.010(a)In addition to the authority to invest funds in certificates of deposit under the previous section, an investment in certificates of deposit made in accordance with the following conditions is an authorized investment: Repurchase Agreements1.

• You must meet all the requirements, including those beyond the Public Funds Collateral Act, as stated below.

• Collateral will be pledged to us and held in an independent safekeeping institution by a custodian or permitted institution as specified by the Texas Government Code, Chapter 2257, Public Funds Collateral Act.

• Article 20 of the Collateral Act 2005 provides that pledge agreements are valid and effective against all third parties, including any receiver or liquidator, notwithstanding any reorganisation procedure, liquidation procedure or any other situation leading to a competition amongst creditors, whether Luxembourg or foreign.

• The bid must state that you agree to the following terms and conditions: • All collateral pledged to us must be held by a custodian or permitted institution as specified by the Texas Government Code, Chapter 2257, Public Funds Collateral Act.

• You must meet all the requirements, including those beyond the Public Funds Collateral Act, as stated in our investment policy and below.

• Securities pledged as collateral shall be held by an independent third party with whom the College has a current custodial agreement and will be of any type permitted by the provisions of the Public Funds Collateral Act, Title 10, Chapter 2257 of the Texas Government Code.

• Acceptable collateral includes securities as specified in the Public Funds Collateral Act, Chapter 2257, Texas Government Code.

• The proposal must state that you agree to the following terms and conditions: • All collateral pledged to us must be held by a custodian or permitted institution as specified by the Texas Government Code, Chapter 2257, Public Funds Collateral Act.

• The Public Funds Collateral Act, Chapter 2257, Texas Government Code, specifies collateral requirements for all public funds deposits.