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      RS 40:599.22     

  

§599.22. Trust agreement

            A. The corporate trustee under a trust agreement may be a trust company or bank that has the powers of a trust company in or outside of the state.

            B. An expense incurred out of the trust agreement or a resolution may be treated as part of the cost of the operation of a project.

            Acts 2025, No. 443, §1.



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