A custodian may elect to have the Chief Financial Officer complete collateral transactions directly with the custodian’s agent under the following circumstances:
    (1) Both the agent and the custodian meet the definition of a custodian in Florida Statutes § 280.02(6)
    (2) Both the agent and the custodian complete a Public Depository Pledge Agreement Form DI4-1001.
    (3) The custodian and agent provide proof of the agency relationship.
Rulemaking Authority 280.19, 280.041(7) FS. Law Implemented 280.02, 280.04, 280.05 FS. History-New 5-27-97, Formerly 4C-2.030.