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Document Type

Peach Sheet

Abstract

The Act provides that corporate trustees or executors shall not be precluded from investing in securities or other interests of certain investment companies or investment trusts because of other services provided to those companies or trusts by the trustees or executors. Further, the Act provides that the fiduciary power to invest in such companies or trusts may be incorporated by reference in a will or trust agreement.

Included in

Law Commons

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