To allow a financial institution to establish and maintain collective investment funds, which are funds that consist solely of the assets of retirement, pension, profit sharing, stock bonus, or other trusts. This places in statute what is already in administrative law, and brings the state and federal regulations on this subject into conformity.
36 Yeas / 0 Nays | |
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Democrat (14 Yeas / 0 Nays) | |
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Excused or Not Voting (2) | |
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