customer name securities
Defined in 1 place of the United States Code.
The term “customer name securities” means securities which were held for the account of a customer on the filing date by or on behalf of the debtor and which on the filing date were registered in the name of the customer, or were in the process of being so registered pursuant to instructions from the debtor, but does not include securities registered in the name of the customer which, by endorsement or otherwise, were in negotiable form.
Source
- 1994–present15 U.S.C. § 78LLLCommerce and Trade · Definitions · for purposes of this chapter