Missouri Laws 370.285 – Retirement accounts and pension funds, authority to serve as trustee
Current as of: 2024 | Check for updates
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1. A credit union may act as trustee or custodian of individual retirement accounts authorized by federal or state law, pension funds of self-employed individuals or of a company or organization sponsoring the credit union, or other similar retirement or pension plans.
2. A credit union may act as trustee or custodian under pension and profit sharing plans.
Terms Used In Missouri Laws 370.285
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
- Trustee: A person or institution holding and administering property in trust.