Minn. R. 2675.1120

Current through Register Vol. 48, No. 51, June 17, 2024
Part 2675.1120 - SECURITIES UNDER TRUST AGREEMENT

Where the security is issued under a trust agreement, the agreement must provide for a trustee independent of the obligor, and such trustee must be a bank or trust company.

Minn. R. 2675.1120

Statutory Authority: MS s 46.01