Ariz. Admin. Code § 20-4-811

Current through Register Vol. 30, No. 52, December 27, 2024

Section R20-4-811 - Investment of Trust Funds

A. A trust department or trust company shall invest trust funds according to:

1. The governing instrument; and

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 Section R20-4-815.

Ariz. Admin. Code § R20-4-811

Adopted effective June 30, 1977 (Supp. 77-3). R20-4-811recodified 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, effective 10/8/2023.