2013 Idaho Statutes
Title 68 - TRUSTS AND FIDUCIARIES
Chapter 4 - LEGAL INVESTMENTS
Section 68-404A - BANKS AND TRUST COMPANIES -- INVESTMENT IN MUTUAL FUNDS.
(2) The fact that the bank or trust company or an affiliate of the bank or trust company provides services to the investment company or investment trust as an investment advisor, custodian, transfer agent, registrar, sponsor, distributor, manager or otherwise and is receiving reasonable remuneration for those services, shall not preclude such bank or trust company from investing or reinvesting in the securities of such investment company or investment trust.
History:
[68-404A, added 1992, ch. 54, sec. 1, p. 160.]
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