51A-4-2. Purchase and sale of securities on order of customer--Contract with securities brokerage services allowed.
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/sd/title-51/chapter-51-4/51a-4-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A bank may, directly or through subsidiaries, purchase or sell without recourse any security upon the order of a customer for his account. The terms of this section shall be construed to permit banks to contract with securities brokerage services.