20 CFR § 703.208 - Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon.

---
identifier: "/us/cfr/t20/s703.208"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "20 CFR § 703.208 - Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon."
title_number: 20
title_name: "Employees' Benefits"
section_number: "703.208"
section_name: "Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon."
chapter_name: "OFFICE OF WORKERS' COMPENSATION PROGRAMS, DEPARTMENT OF LABOR"
subchapter_number: "A"
subchapter_name: "LONGSHOREMEN'S AND HARBOR WORKERS' COMPENSATION ACT AND RELATED STATUTES"
part_number: "703"
part_name: "INSURANCE REGULATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301, and 8171  33 U.S.C. 901  42 U.S.C. 1651  43 U.S.C. 1333; Reorganization Plan No. 6 of 1950, 15 FR 3174, 64 Stat. 1263; Secretary's Order 10-2009, 74 FR 58834."
regulatory_source: "38 FR 26873, Sept. 26, 1973, unless otherwise noted."
cfr_part: "703"
---


# 703.208 Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon.

Deposits of negotiable securities provided for by the regulations in this part must be made with any Federal Reserve bank or any branch of a Federal Reserve bank designated by the Branch, or the Treasurer of the United States, and must be held subject to the order of the Branch. The Branch will authorize the insurance carrier to collect interest on the securities it deposits unless any of the conditions set forth at § 703.211(a) occur.