Sec. 12. Each security may be held in bearer form or registered in the name of:

(1) the fund;

(2) a nominee created by the board; or

(3) a nominee of a custodian bank or safekeeping bank, approved by the board.

[Pre-2006 Education Finance Recodification Citation: 21-6.1-3-11.]

As added by P.L.2-2006, SEC.28.