Miss. Code § 81-27-5.105

Current through the 2024 Regular Session
Section 81-27-5.105 - Engaging in commerce prohibited

Except as otherwise provided by this chapter or rules adopted under this chapter, a state trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not part of the state trust business, except as necessary to fulfill a fiduciary obligation to a client.

Miss. Code § 81-27-5.105

Laws, 1998, ch. 437, § 1, eff. 7/1/1998.