Section 81-27-2.001 - Trust businessA state trust company or a state bank may:
(a) Perform any act as a fiduciary;(b) Engage in any trust business;(c) Exercise any incidental power that is reasonably necessary to enable it to fully exercise, according to commonly accepted fiduciary customs and usages, a power conferred in this chapter; and(d) If a state trust company, exercise any other power authorized by Section 81-27-4.101. Laws, 1998, ch. 437, § 1, eff. 7/1/1998.