(760 ILCS 45/3.1) (from Ch. 17, par. 2104)
Sec. 3.1.
Participation by affiliates.) Any bank or trust company may include
for the purpose of collective investment in any common trust fund or funds
established, maintained and administered by it, funds held by an affiliate
in its capacity as fiduciary or co-fiduciary, provided that the funds so
held would be eligible for investment in the common trust fund
or funds, had such common trust fund or funds been established, maintained
and administered by the affiliate. Such participation by an affiliate may
be pursuant to agreement providing for payment of reasonable compensation
by the affiliate to the bank or trust company maintaining the fund or funds.
(Source: P.A. 80-772.)
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