South Carolina Code 34-26-940. Retirement, pension, profit-sharing, and deferred income accounts
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 34-26-940
- Trustee: A person or institution holding and administering property in trust.
A credit union may act as trustee or custodian of any form of retirement, pension, profit-sharing, or deferred income accounts authorized under federal law or the laws of this State including, but not limited to, individual retirement accounts, pension funds of self-employed individuals, and pension funds of a company or organization whose employees or members are eligible for membership in the credit union.