Utah Administrative Code (Current through November 1, 2019) |
R331. Financial Institutions, Administration |
R331-21. Rule Governing Establishment of and Participation in Collective Investment Funds by Trust Companies |
R331-21-1. Authority, Scope, and Purpose
Latest version.
-
(1) This rule is issued pursuant to Sections 7-1-301 and 7-5-13.
(2) This rule applies to all trust companies conducting a trust business subject to the jurisdiction of the department.
(3) This rule authorizes the establishment of and participation in collective investment funds by trust companies subject to the jurisdiction of the department.