26-3301 TRUST BUSINESS.

TITLE 26

BANKS AND BANKING

CHAPTER 33

TRUST INSTITUTIONS -- STATE TRUST INSTITUTION OFFICES

26-3301. Trust business. A state trust company or a state bank may:

(1) Perform any act as a fiduciary;

(2) Engage in any trust business;

(3) Exercise any incidental power that is reasonably necessary to enable it to fully exercise, according to commonly accepted fiduciary customs and usages, a power conferred in this act.