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Article 22
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The delivery and redelivery of the subject securities and collateral securities in a securities borrowing and lending transaction shall be made either by book-entry transfer or by title transfer registration.
A securities firm shall transmit the information about any delivery and redelivery of subject securities and collateral securities to the securities exchange or the over-the-counter securities market, with a copy to the centralized securities depository enterprise for delivery of the securities by book-entry transfer, or a notice to the clearing bank for account transfer registration.
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