Section R331-21-1 - Authority, Scope, and Purpose(1) This rule is issued pursuant to Sections 7-1-301 and 7-5-13.(2) This rule applies to all trust companies conducting a trust business subject to the jurisdiction of the department.(3) This rule authorizes the establishment of and participation in collective investment funds by trust companies subject to the jurisdiction of the department.Utah Admin. Code R331-21-1