§7-302. Separate records
70 words·~1 min read·
/me/title-18-c-probate-code/7-302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The records of a bank or trust company must at all times show the ownership of investments held in the name of nominees; such investments must be in the possession and control of the bank or trust company and must be kept separate and apart from the assets of the bank or trust company. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]