Minn. R. agency 120, ch. 2675, INVESTMENTS, pt. 2675.1120

Current through Register Vol. 49, No. 25, December 16, 2024

Part 2675.1120 - SECURITIES UNDER TRUST AGREEMENT

Where the security is issued under a trust agreement, the agreement must provide for a trustee independent of the obligor, and such trustee must be a bank or trust company.

Minn. R. agency 120, ch. 2675, INVESTMENTS, pt. 2675.1120

Statutory Authority: MS s 46.01