Chapter 5 - TRUST BUSINESS
- Section 7-5-1 - Definitions - Allowable trust companies - Exceptions
- Section 7-5-2 - Permit required to engage in trust business - Exceptions
- Section 7-5-3 - Application for authorization to engage in trust business - Criteria for granting - Authority of trust company
- Section 7-5-4 - Withdrawal from trust business
- Section 7-5-5 - Revocation of trust authority - Procedure
- Section 7-5-6 - Confidentiality of communications and writings concerning trust - Actions to protect property or authorized under probate laws not precluded
- Section 7-5-7 - Management and investment of trust money
- Section 7-5-8 - Segregation of trust assets - Books and records required - Examination - Trust property not subject to claims or debts against trust company
- Section 7-5-9 - Registration of investment in name of nominee - Records - Possession of investment
- Section 7-5-10 - Lending trust funds to trust company, officer, director, or employee as felony
- Section 7-5-11 - Self-dealing with trust property - Own stock as trust property - Policies for dealing with trust securities
- Section 7-5-12 - Directors' audit of trust business - Report available to commissioner or examiners - Examinations in lieu of audit
- Section 7-5-13 - Collective investment funds
- Section 7-5-14 - Mergers, consolidations, acquisitions, transfers, or reorganizations involving entities engaged in trust business - Succession of rights and duties - Petition for appointment of another trust company
- Section 7-5-15 - Assets of trust company in possession of the commissioner