2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 87 - Employee Benefits
8703 - Transfer of assets to corporate trustee; investments; common trust funds.

     § 8703.  Transfer of assets to corporate trustee; investments;
                common trust funds.
        The trustee or trustees of any employee-benefit plan, such as
     a pension, welfare, profit sharing, share, purchase, or other
     plan, may transfer any part of the property and assets of the
     plan, in trust, to a corporate trustee which shall be a bank and
     trust company or trust company, incorporated under the laws of
     Pennsylvania, or a national banking association, having
     fiduciary powers and having its principal office in
     Pennsylvania, and may authorize such corporate trustee to invest
     and reinvest such property and assets subject to the same
     powers, restrictions and obligations with respect to investment
     and reinvestment of such property and assets as are applicable
     to the trustee or trustees making such transfer, and to
     contribute such property and assets to any common trust fund
     which the transferee may be otherwise authorized to maintain and
     to pay over the net income therefrom at such intervals as may be
     agreed: Provided, however, That such transfer in trust may be at
     any time revoked by action of the trustee or trustees so making
     transfer.