§ 7210. Common trust fund and mortgage investment fund
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and Fiduciaries
20 Pa.C.S.A. § 7210
§ 7210. Common trust fund and mortgage investment fund
Any corporate fiduciary and its cofiduciary, if any, may invest in:
(1) A common trust fund or collective trust fund containing only investments authorized for fiduciaries, established and maintained by the corporate fiduciary or by any affiliate of the corporate fiduciary within the meaning of section 1504 of the Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. § 1504) and otherwise in conformity with the laws of this Commonwealth and of the United States.
Credits
1999, June 25, P.L. 212, No. 28, § 2, effective in six months.
20 Pa.C.S.A. § 7210, PA ST 20 Pa.C.S.A. § 7210
Current through 2023 Regular Session Act 1. Some statute sections may be more current, see credits for details.
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