§ 561. Maintenance of permissible investments

(a) A licensee shall maintain at all times permissible investments that have a market value computed in accordance with generally accepted accounting principles of not less than the aggregate amount of all of its outstanding payment instruments and stored value obligations issued or sold in all states and money transmitted from all states by the […]

§ 562. Types of permissible investments

(a) Except to the extent otherwise limited by the Director pursuant to section 561, the following investments are permissible under section 561: (1) cash, a certificate of deposit, or senior debt obligation of an insured depositary institution, as defined in Section 3 of the Federal Deposit Insurance Act, (12 U.S.C. Section 1813); (2) banker’s acceptance […]