R628-18-6. Authorized Intermediaries

A public entity shall not enter into an Intermediary Contract unless each Intermediary thereunder is either: (1) a qualified depository as defined in Subsection 51-7-3(28); (2) a permitted depository as defined in Subsection 51-7-3(24); or (3) a certified dealer as defined in Subsection 51-7-3(2).