9-2104.   Liability of holder of stock in a trust company.No executor, administrator, conservator or trustee holding trust companystock, and no person holding trust company stock as collateral securityshall be personally subject to any liability as stockholders in such trustcompany, but the person pledging such stock shall be considered as holdingsame, and shall be liable as stockholder accordingly. Any executor,administrator, conservator or trustee holding trust company stock shall beliable in like manner as the testator or intestate or the conservatee orperson interested in such trust fund would have been if such person hadbeen living and competent to act and hold the same stock in such person's own name.

      History:   L. 1989, ch. 48, § 4; July 1.