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Called Reports of Local Agency Deposits & Securities

Required information must be reported as of the close of business on

March 31, 2014 and postmarked no later than April 28, 2014.

California Government Code, Section 53661 (e) requires depositories to file a Called Report of Local Agency Deposits and Securities with the Administrator.  Called Reports are a quarterly requirement.  The Local Agency Deposit Security Regulations, Subchapter 5, Article 4, provides information concerning report format, content, certification, and verification.  For further information on reporting requirements go to http://www.dbo.ca.gov/forms/bank/DBO-1003.pdf.

If your institution does not maintain local agency deposits: 

1.   Please print this email and complete the Certification of No Local Agency Deposits form  
       below. 
2.   Return the form below no later than April 28, 2014 by:
          - scanning and emailing to LASP@dbo.ca.gov (recommended)
            OR
         - printing and mailing to: Department of Business Oversight
                                                Attention: Local Agency Security Program
                                               1515 K Street, Suite 200, Sacramento, CA 95814.

Certification of No Local Agency Deposits

I certify ___________________________________ does not maintain Local Agency Deposits.
                              (name of institution) 
I also understand that if Local Agency Deposits are maintained, we must comply with all requirements of California Law and Regulations.  I certify that I am an officer who is authorized by the above institution to make the above statements.

__________________________________               __________________________________
Responsible Officer's Signature                                  Date

__________________________________               __________________________________
Name and Title (Please print)                                    Phone Number

 

 

If you have questions, please contact Patrick Lum at (916) 323-7013 or Karen Cunningham at (916) 322-1547 or karen.cunningham@dbo.ca.gov.