358.9—Who is responsible for the cost and risks associated with the shipment of securities?
The following guidelines apply to the transportation of bearer corpora and detached bearer coupons:
(a)
Shipment from the depository institution is at the risk and expense of the depository institution;
(b)
Shipment between our designated agent and the Department, if required, is at our risk and expense; and
(c)
Shipment of securities that are returned to the depository institution is at the risk and expense of the depository institution.