11 GCA § 162102: Establishment of Collective Investment Funds.

A financial institution may establish and maintain collective investment funds for the investment of assets of retirement, pension, profit sharing, stock bonus or other trusts that are exempt from federal income tax, and may invest assets of retirement, pension, profit sharing, stock bonus, or other employee benefit trusts exempt from federal income tax, and that the financial institution holds in any capacity (including agent) in such collective investment funds, maintained pursuant to 15 USC §80a-3(c)(11).