2004 House Bill 5833

Senate Roll Call 885: Passed

To allow a financial institution to establish and maintain collective investment funds, which are funds that consist solely of the assets of retirement, pension, profit sharing, stock bonus, or other trusts. This places in statute what is already in administrative law, and brings the state and federal regulations on this subject into conformity.

36 Yeas / 0 Nays
Republican (22 Yeas / 0 Nays)
Democrat (14 Yeas / 0 Nays)
Excused or Not Voting (2)