GroundRules
5 Del. C. § 789: Abandonment of trust powers and provision for successor fiduciaries.
Where this section sits in the code
- Title 5. Banking
- Banks and Trust Companies
- CHAPTER 7. Corporation Law for State Banks and Trust Companies
- Subchapter VI. 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.
Collected 2026-09-05T23:02:04Z. Source file · JSON