N.Y. Banking Law § 139: Saving clause

§ 139. Saving clause. All banks which shall have been authorized by

the superintendant to exercise fiduciary powers pursuant to this

chapter, as from time to time in effect, shall be known as trust

companies subject to the provisions of this article applicable to trust

companies, but nothing contained in this chapter shall require any such

bank to change its name to include the term "trust company". All trust

companies organized under or subject to the provisions of this chapter,

as from time to time in effect, shall be subject to all the provisions

of this article applicable to trust companies. Notwithstanding any other

provision or law, a corporation formed under this article to acquire the

banking business previously done by a partnership doing business

pursuant to this chapter may have as its corporate name the name under

which such partnership did business, with the addition of a word or

words, indicating that it is a corporation.