Section 3-103 - Requirements and standards for exercise of fiduciary powers(a) This section applies to a commercial bank that:(1) Is not in the business of accepting deposits or retaining funds in a deposit account as defined in § 5-509 of this article; and(2) Is not controlled by or under common control with a banking institution or a national banking association with its principal office located in this State.(b) A commercial bank subject to this section shall operate in compliance with all requirements and standards for the exercise of fiduciary powers that are applicable under 12 C.F.R. Part 9 to a trust department of a State-chartered trust company that is in the business of accepting deposits or retaining funds in a deposit account as defined in § 5-509 of this article.