§ 9-4-827 — Joint custody agreement for securing local deposits; form for receipts

(a) The joint custody trust receipt of the federal reserve
bank of Kansas City or its branches may be in the form adopted
and used by the federal reserve bank.
(b) Joint custody trust receipts issued by other banks
shall be:
(i) In a form acceptable to the state treasurer or
treasurer of the appropriate political subdivision; or
(ii) In substantially the following form:
JOINT CUSTODY RECEIPT
(Name, address of issuer of the Joint Custody Receipt)
hereinafter called the custodian, has received to be held in
safekeeping subject to the joint order
(Name of Treasurer and official title) hereinafter called
the Treasurer and
(Name of depository bank) hereinafter called the Depository
Bank the following described securities:
Following and Subsequent
Description coupon attached Par Value
Mo. Day Year
Total par value (in writing and figures $ )