9-B §1022. Authority to incorporate
Title 9-B: FINANCIAL INSTITUTIONS
Part 10: OTHER FINANCIAL ENTITIES
Chapter 102: MUTUAL TRUST INVESTMENT COMPANIES
§1022. Authority to incorporate
Any 5 or more state banks with trust powers, trust companies and national banks with trust powers located in this State are authorized to cause a mutual trust investment company to be organized and incorporated, subject to the approval of the superintendent and subject to such regulations as he may prescribe. [1975, c. 500, §1 (NEW).]
SECTION HISTORY
1975, c. 500, §1 (NEW).