R628-24-5. Requirements for Deposits

To be qualified for deposit under Section 53B-7-60 the FDI shall: (1) be insured or otherwise have a similar protection if that country does not technically provide insurance; (2) be rated "A" or better by one NRSRO; and (3) be domiciled in a country in which the sovereign debt rating is "A" or better by the NRSRO.