Fiduciary relationships.

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Unless a state or national bank shall have expressly agreed in writing to assume special or fiduciary duties or obligations, no such duties or obligations will be imposed on the bank with respect to a depositor of the bank or a borrower, guarantor or surety, and no special or fiduciary relationship shall be deemed to exist.

Added by Laws 1994, c. 157, § 8, emerg. eff. May 6, 1994.


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