Delaware § 789 Abandonment of trust powers and provision for successor fiduciaries

Delaware Statutes

§ 789 — Abandonment of trust powers and provision for successor fiduciaries

Delaware § 789

JurisdictionDelaware

Title5

PartBanks and Trust Companies

Ch. 7CORPORATION LAW FOR STATE BANKS AND TRUST COMPANIES

Subch.Merger, Consolidation or Conversion of National, State Bank or Trust Company

This text of Delaware § 789 (Abandonment of trust powers and provision for successor fiduciaries) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 5, § 789 (2026).

Text

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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