Document ID: 14705

Text:
Eligible Account: A separate and identifiable account from all other funds held by the holding institution that is either (a)an account or accounts maintained with a federal or state-chartered depository institution or trust company which complies with the definition of Eligible Institution or (b)a segregated trust account or accounts maintained with a federal or state chartered depository institution or trust company acting in its fiduciary capacity that has a Moodys rating of at least Baa2 and which, in the case of a state chartered depository institution or trust company, is subject to regulations substantially similar to 12 C.F.R. 9 .10(b), having in either case a combined capital and surplus of at least Fifty Million and No/100 Dollars ($50,000,000.00) and subject to supervision or examination by federal and state authority. An Eligible Account will not be evidenced by a certificate of deposit, passbook or other instrument.

Named Entities:
105
114
Regulation
139
146
Principal

Tokenized Text:
Eligible
Account
:
A
separate
and
identifiable
account
from
all
other
funds
held
by
the
holding
institution
that
is
either
(
a
)
an
account
or
accounts
maintained
with
a
federal
or
state-chartered
depository
institution
or
trust
company
which
complies
with
the
definition
of
Eligible
Institution
or
(
b
)
a
segregated
trust
account
or
accounts
maintained
with
a
federal
or
state
chartered
depository
institution
or
trust
company
acting
in
its
fiduciary
capacity
that
has
a
Moodys
rating
of
at
least
Baa2
and
which
,
in
the
case
of
a
state
chartered
depository
institution
or
trust
company
,
is
subject
to
regulations
substantially
similar
to
12
C
.
F
.
R
.
9
.
10
(
b
)
,
having
in
either
case
a
combined
capital
and
surplus
of
at
least
Fifty
Million
and
No
/
100
Dollars
(
$
50
,
000
,
000
.
00
)
and
subject
to
supervision
or
examination
by
federal
and
state
authority
.
An
Eligible
Account
will
not
be
evidenced
by
a
certificate
of
deposit
,
passbook
or
other
instrument
.