Required collateral

"Required collateral" means collateral whose market value is equal to one hundred five percent (105%) of the value of the state deposit secured thereby, less so much of such amount as is protected by the federal deposit insurance corporation. Acts 1985, ch. 118, § 17; 1990, ch. 702, § 2. "Required collateral" means collateral whose market value is equal to one hundred five percent (105%) of the value of the state deposit secured thereby, less so much of such amount as is protected by the federal deposit insurance corporation. Acts 1985, ch. 118, § 17; 1990, ch. 702, § 2.