Text: SF02435 Text: SF02437 Text: SF02400 - SF02499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 533.50 CREDIT UNION SERVICE 1 2 ORGANIZATION SERVICES. 1 3 An organization, corporation, or association, the 1 4 membership or ownership of which is primarily confined or 1 5 restricted to credit unions or organizations of credit unions, 1 6 and which primarily provides services to credit unions, 1 7 organizations of credit unions, or credit union members, may 1 8 provide trust services and act in a fiduciary capacity as 1 9 approved by, and pursuant to rules adopted by, the 1 10 superintendent. The organization, corporation, or association 1 11 is subject to the state corporate income tax. This section 1 12 only applies to trust services offered by credit union service 1 13 organizations. 1 14 SF 2436 1 15 mj/cc/26
Text: SF02435 Text: SF02437 Text: SF02400 - SF02499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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