Except as otherwise provided by this chapter or regulations adopted under this chapter, a state trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not part of the state trust business, except as necessary to fulfil a fiduciary obligation to a client.
Section: Previous 23-51-120 23-51-121 23-51-122 23-51-123 23-51-124 23-51-125 23-51-126 23-51-127 23-51-128 23-51-129 23-51-130 23-51-131 23-51-132 23-51-133 23-51-134 NextLast modified: November 15, 2016