Retirement accounts and pension funds, authority to serve as trustee
Effective Aug 28, 1984(L. 1984 H.B. 962)
- 1. A credit union may act as trustee or custodian of individual retirement accounts authorized by federal or state law, pension funds of self-employed individuals or of a company or organization sponsoring the credit union, or other similar retirement or pension plans.
- 2. A credit union may act as trustee or custodian under pension and profit sharing plans.
(L. 1984 H.B. 962)