§ 3-510. Investment in fund.
A trust company, acting in a fiduciary capacity, may invest money in one or more common trust funds if:
(1) The trust company holds the money for investment; and
(2) The instrument or authorization that created the fiduciary relationship does not contain any terms inconsistent with this type of investment.
[An. Code 1957, art. 11, § 62; 1980, ch. 33, § 2.]
§ 3-510. Investment in fund.
A trust company, acting in a fiduciary capacity, may invest money in one or more common trust funds if:
(1) The trust company holds the money for investment; and
(2) The instrument or authorization that created the fiduciary relationship does not contain any terms inconsistent with this type of investment.
[An. Code 1957, art. 11, § 62; 1980, ch. 33, § 2.]
§ 3-510. Investment in fund.
A trust company, acting in a fiduciary capacity, may invest money in one or more common trust funds if:
(1) The trust company holds the money for investment; and
(2) The instrument or authorization that created the fiduciary relationship does not contain any terms inconsistent with this type of investment.
[An. Code 1957, art. 11, § 62; 1980, ch. 33, § 2.]
