Delaware Statutes
§ 789 — Abandonment of trust powers and provision for successor fiduciaries
Delaware·Title 5·Part Banks and Trust Companies·Ch. 7 CORPORATION LAW FOR STATE BANKS AND TRUST COMPANIES·Subch. Merger, Consolidation or Conversion of National, State Bank or Trust Company
Where a resulting state bank is not to exercise trust powers, the State Bank Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.
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Delaware § 789 (Abandonment of trust powers and provision for successor fiduciaries) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
5 Del. C. 1953, § 789; 49 Del. Laws, c. 126 ; 57 Del. Laws, c. 740, § 19H
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