Loan of trust funds

Checkout our iOS App for a better way to browser and research.

Except as provided in section 1094 of this title, no corporate trustee shall lend trust funds to itself or an affiliate, or to any director, officer, or employee of itself or of an affiliate; nor shall any non-corporate trustee lend trust funds to himself, or to his relative, employer, employee, partner, or other business associate.


Download our app to see the most-to-date content.