35-3-124 - Investment in tuition units.
35-3-124. Investment in tuition units.
Notwithstanding any other provision of the law to the contrary, trustees and others acting in a fiduciary capacity, including governmental agencies such as court clerks, may invest funds held in trust for a minor through the purchase of tuition units on behalf of the minor under title 49, chapter 7, part 8.
[Acts 1997, ch. 64, § 1.]