It shall be unlawful for a state bank to act as fiduciary, other than as escrow agent, unless it is authorized by its charter or amendments thereto to exercise trust powers.
Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1.
Editor's note: This section is similar to former § 11-10-101 as it existed prior to 2003.