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This entry was published on 2014-09-22
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SECTION 152

Business of subsidiary trust companies; limitation on powers

Banking (BNK) CHAPTER 2, ARTICLE 3-B

§ 152. Business of subsidiary trust companies; limitation on powers. A
subsidiary trust company shall have all of the powers of and be entitled
to engage in the business of a trust company, provided that a subsidiary
trust company shall not have the power to accept deposits.