Section 2: Fiduciary consent
60 words·~1 min read·
/ma/part-ii/title-ii/chapter-203a/2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2. If the individual, corporation or association maintaining a common trust fund holds property as a fiduciary together with a co-fiduciary or co-fiduciaries, investment of such property in participations in a common trust fund may be made only with the written consent of such co-fiduciary or co-fiduciaries and shall be withdrawn upon the written request of any such co-fiduciary.