Deposit of trust funds.

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All trust funds described in this chapter must be deposited in the name of the trustee, as trustee, within thirty days after receipt.

HISTORY: 1962 Code Section 11-174; 1973 (58) 339; 1989 Act No. 89, Section 1; 2009 Act No. 70, Section 1, eff July 1, 2009.

Effect of Amendment

The 2009 amendment substituted "described" for "mentioned".


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