369.161. Savings and loan association or savings bank may act as custodian, when.

Savings and loan association or savings bank may act as custodian,when.

369.161. In addition to any other banking authority, a savings andloan association or savings bank may act as a custodian for any entity,public or private, and place funds in any other financial institutions,provided such funds are placed in deposits and insured by the FederalDeposit Insurance Corporation.

(L. 2004 S.B. 1093)