Form DBO-93 "Application for Approval for Withdrawal and Release of Eligible Assets" - California

What Is Form DBO-93?

This is a legal form that was released by the California Department of Financial Protection and Innovation - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on October 1, 2017;
  • The latest edition provided by the California Department of Financial Protection and Innovation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form DBO-93 by clicking the link below or browse more documents and templates provided by the California Department of Financial Protection and Innovation.

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Download Form DBO-93 "Application for Approval for Withdrawal and Release of Eligible Assets" - California

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STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
APPLICATION FOR APPROVAL FOR WITHDRAWAL AND
RELEASE OF ELIGIBLE ASSETS
DBO–93 (Rev. 10-17)
To:
Commissioner of Business Oversight
Date:
_____________________ hereby applies for approval for the
(Name of Foreign (Other Nation) Bank)
withdrawal and release from its pledge deposit of the eligible asset(s) listed in Schedule A.
The applicable minimum for this maintenance period is $
.
The total value of the eligible assets (excluding the eligible asset(s) listed in Schedule A) in
the pledge deposit is $
.
(Name of Foreign (Other Nation) Bank)
By
(Signature)
(Name and Title)
(Signature)
(Name and Title)
VERIFICATION
Each of the undersigned, for himself or herself alone and not for the other, certifies under
penalty of perjury that the foregoing Application (including Schedule A) is true and correct.
Executed on
at
, California.
(Date)
(City)
(Signature)
(Signature)
STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
APPLICATION FOR APPROVAL FOR WITHDRAWAL AND
RELEASE OF ELIGIBLE ASSETS
DBO–93 (Rev. 10-17)
To:
Commissioner of Business Oversight
Date:
_____________________ hereby applies for approval for the
(Name of Foreign (Other Nation) Bank)
withdrawal and release from its pledge deposit of the eligible asset(s) listed in Schedule A.
The applicable minimum for this maintenance period is $
.
The total value of the eligible assets (excluding the eligible asset(s) listed in Schedule A) in
the pledge deposit is $
.
(Name of Foreign (Other Nation) Bank)
By
(Signature)
(Name and Title)
(Signature)
(Name and Title)
VERIFICATION
Each of the undersigned, for himself or herself alone and not for the other, certifies under
penalty of perjury that the foregoing Application (including Schedule A) is true and correct.
Executed on
at
, California.
(Date)
(City)
(Signature)
(Signature)
STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
APPLICATION FOR APPROVAL FOR WITHDRAWAL AND
RELEASE OF ELIGIBLE ASSETS
DBO–93 (Rev. 10-17) Page 2 of 4
CERTIFICATION
Each of the undersigned, for himself or herself alone and not for the other, certifies that the
information set forth in Schedule A regarding the market value of the eligible asset(s) listed
therein and the information set forth in the Application regarding the total value of the eligible
assets (excluding the eligible asset(s) listed in Schedule A) in the pledge deposit are true and
correct.
.
Date:
(Signature)
(Signature)
(Name and Title)
(Name and Title)
APPROVAL
Date:
Pursuant to Financial Code Section 1811(d)(1), the Commissioner of Business Oversight
hereby grants approval for the eligible asset(s) listed in Schedule A to be withdrawn and
released from the pledge deposit.
This approval is subject to the conditions specified in
Section 10.16202 of the Regulations of the Commissioner of Business Oversight.
Commissioner of Business Oversight
By
(Signature)
(Name and title)
STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
APPLICATION FOR APPROVAL FOR WITHDRAWAL AND
RELEASE OF ELIGIBLE ASSETS
DBO–93 (Rev. 10-17) Page 3 of 4
Complete Title
Interest
Serial
Maturity
Call
Par
Market
(Including Series)
Rate
Number
Date
Date
Value
Value
Name of Obligor
0.00
Total Market Value: $
STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
APPLICATION FOR APPROVAL FOR WITHDRAWAL AND
RELEASE OF ELIGIBLE ASSETS
DBO–93 (Rev. 10-17) Page 4 of 4
INSTRUCTIONS
A. General
Pursuant to Section 10.16201 of the Regulations of the Commissioner of Business
Oversight (the "Commissioner"), Form 93 and these instructions are to be used in
cases where a foreign (other nation) bank (the "applicant") applies for approval for
the withdrawal and release of an eligible asset from its pledge deposit.
The definitions and general provisions in the Regulations of the Commissioner which
are applicable to the provisions of the Regulations of the Commissioner relating to
the deposit by foreign (other nation) bank of eligible assets with an approved
depository pursuant to Section 1811(d)(1) of the Financial Code are applicable also to
these instructions, and these instructions should be read in conjunction with such
definitions and general provisions.
B. Contents
The application and Schedule A shall be completed as indicated in Form 93 and
Schedule A.
C. Signature
The application shall be signed in the name of the applicant by two officers of the
applicant.
D. Verification
The verification shall be completed and signed by the two officers of the applicant
who sign the application.
E. Certification
The certification shall be completed and signed by two officers of the approved
depository of the applicant.
F. Copies
The original and three copies of the application (including Schedule A, the verification,
and the certification) shall be filed with the Commissioner. If and when the
Commissioner approves the application, the Commissioner will retain the original and
one copy, will return one copy to the applicant, and will forward one copy to the
approved depository.
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