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customer name security

Defined in 1 dictionary — U.S. Code

United States Code

11 U.S.C. § 741 — in this subchapter

“customer name security” means security—

(A) held for the account of a customer on the date of the filing of the petition by or on behalf of the debtor;

(B) registered in such customer's name on such date or in the process of being so registered under instructions from the debtor; and

(C) not in a form transferable by delivery on such date;