Power of Banks to Contract With Other Banks for Trust Services

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Notwithstanding any other provisions of this part to the contrary, any bank or trust company which does not exercise trust powers as provided in this chapter, whether or not such powers have been incorporated into its articles, may, with the consent of the department, contract with any bank or trust company exercising trust powers to provide for the latter bank or trust company to offer trust services through the branches and offices of the former bank or trust company.

(Code 1981, §7-1-612, enacted by Ga. L. 1983, p. 602, § 16; Ga. L. 1986, p. 1244, § 2.)


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