Ariz. Admin. Code § R20-4-811 – Investment of Trust Funds

A. A trust department or trust company shall invest trust funds according to:
1. 1. The governing instrument; and
2. 2. All applicable laws, including A.R.S. §§ 6-862, 14-7402, and 14-7501 through 14-7512
B. A trust department or trust company shall make any collective investment of trust funds exclusively under the terms of R20-4-815.

Historical Note

Adopted effective June 30, 1977 (Supp. 77-3). R20-4-811 recodified from R4-4-811 (Supp. 95-1). Amended by final rulemaking at 6 A.A.R. 2471, effective June 8, 2000 (Supp. 00-2). Amended by final rulemaking at 8 A.A.R. 2718, effective June 6, 2002 (Supp. 02-2). Amended by final rulemaking at 29 A.A.R. 1952 (September 1, 2023), effective October 8, 2023 (Supp. 23-3).