§ 2-3-208 — Succession of fiduciary powers when bank consolidates with another

In the event of the merger or the consolidation of any bank,
banking association, loan and trust company, named as personal
representative, trustee under trust agreement, guardian of
minors or incompetents, trustee for bond issue, escrow agent,
holder of real estate titles, receiver or agent, the successor
of the bank, banking association, or loan and trust company,
shall by virtue of the merger, consolidation or succession,
succeed to all the fiduciary powers, privileges, benefits,
obligations, duties and liabilities of its predecessor, and
shall carry out all the duties and obligations imposed upon its
predecessor as the personal representative, trustee under trust
agreement, guardian of minors or incompetents, trustee for bond
issue, escrow agent, holder of real estate titles, receiver or
agent, as if it had been originally named in the instrument or
instruments creating the fiduciary relation.