New York Statutes

§ 152 — Business of subsidiary trust companies; limitation on powers

New York·Law BNK Banking·Art. 3-B Subsidiary Trust Companies
§ 152. Business of subsidiary trust companies; limitation on powers. A\nsubsidiary trust company shall have all of the powers of and be entitled\nto engage in the business of a trust company, provided that a subsidiary\ntrust company shall not have the power to accept deposits.\n

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