§ 3-102. Applicability of article to certain trust companies

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Every trust company has the powers granted by, and is subject to, the provisions of this article that relate to trust companies. However, except as provided in § 3-209(b) of this title as to the establishment of branches, the provisions of this article do not repeal, modify, or affect any special right, privilege, or power given by charter to a trust company that was organized and doing business before April 8, 1910.

HISTORY: CA § 6-132; An. Code 1957, art. 11, § 61; 1980, ch. 33, § 2; 1982, ch. 882.

                    
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