§ 28-1-11-8 — Appointment as successor guardian, trustee, executor, or administrator

Any bank or trust company shall have power
to be appointed and to act under the order of appointment of any court
of competent jurisdiction as guardian, trustee, executor or
administrator, with or without the will annexed, on the application or
consent of any person acting as such or entitled to such appointment
and in the place and stead of such person, but such appointment shall
be made upon such notice as is required by law to the persons
interested in the estate or fund and on the consent of such of the
principal beneficiaries or other persons interested in the estate or fund
as the court or judge thereof making the appointment shall deem
proper.
Formerly: Acts 1933, c.40, s.177.