ARTICLE 4. Investments [1580. - 1586.]

Article 4 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1580–1586 · 7 sections

• § 1580 A trust company may invest its contributed capital only in the securities and properties in which a commercial bank is permitted to invest its funds pursuant…
• § 1581 Trust funds received by any trust company in connection with its trust business, if invested, shall be invested as provided in Part 4 (commencing with Section…
• § 1582 (a) As used in this section: (1) “Fund” means any investment company registered under the Investment Company Act of 1940 (15 U.S.C. Sec. 80a-1 et seq.), as…
• § 1583 Any trust company or bank authorized to engage in the trust business holding trust funds awaiting investment or distribution may deposit or leave on deposit…
• § 1584 Any trust company acting in any capacity under a court or private trust or when acting in such capacity with one or more persons as cofiduciary or…
• § 1585 (a) For purposes of this section, two or more trust companies shall be deemed to be affiliated if they are members of the same affiliated group, within the…
• § 1586 With regard to any participation certificates heretofore issued by any trust company, secured by a trust deed or mortgage, the full legal title in the deed or…