Section 11-1.8. Power of fiduciary or custodian for fiduciary to deposit

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United States government and agency securities with a   federal  reserve
  bank
    (a)  Notwithstanding  any  other  provision  of law, any bank or trust
  company, when acting as fiduciary and any bank, trust company or private
  banker, when holding securities as custodian for a fiduciary pursuant to

                    
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