Regulacje i polityka gospodarcza · 21/09/1998

Regulations Governing Book-Entry Treasury Bonds, Notes, and Bills; Determination Regarding State Statutes; Wisconsin, New Hampshire and Michigan

The Department of the Treasury is announcing that it has reviewed the statutes of Wisconsin, New Hampshire and Michigan which have recently enacted laws adopting Revised Article 8 of the Uniform Commercial Code--Investment Securities (``Revised Article 8'') and determined that they are substantially identical to the uniform version of Revised Article 8 for purposes of interpreting the rules in 31 CFR Part 357, Subpart B (the ``TRADES'' regulations). Therefore, that portion of the TRADES rule requiring application of Revised Article 8 if a state has not adopted Revised Article 8 will no longer be applicable for those 3 states.