12 C.F.R. § 1511.8   Notice of attachment.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 1511—BOOK-ENTRY PROCEDURE

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§ 1511.8   Notice of attachment.

The interest of a debtor in a Security Entitlement may be reached by a creditor only by legal process upon the Securities Intermediary with whom the debtor's securities account is maintained, except where a Security Entitlement is maintained in the name of a secured party, in which case the debtor's interest may be reached by legal process upon the secured party. The regulations in this part do not purport to establish whether a Federal Reserve Bank is required to honor an order or other notice of attachment in any particular case or class of cases.

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