9-1606. Authority of consolidated bank or trust company to act as fiduciary.
9-1606
9-1606. Authority of consolidated bank or trust company to act as
fiduciary.
Upon and after the merger or consolidation of any bank or trust company
as hereinbefore provided the successor bank or trust company upon acquiring
trust authority shall be entitled to be appointed and to act as trustee,
executor, administrator, conservator or any other fiduciary capacity to the
same extent and with the same authority as the bank or trust company which
it succeeds.
History: L. 1947, ch. 102, § 82; L. 1965, ch. 77, §
2; Jan. 1, 1966.