32-1-804. Permissible business of subsidiary trust companies, MCA
  1. MCA Contents
  2. TITLE 32
  3. CHAPTER 1
  4. Part 8
  5. 32-1-804 Permissible business of subsidiary trust companies

Montana Code Annotated 2017

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 1. BANKS AND TRUST COMPANIES

Part 8. Subsidiary Trust Companies

Permissible Business Of Subsidiary Trust Companies

32-1-804. Permissible business of subsidiary trust companies. The permissible business of a subsidiary trust company shall be to engage in such trust business as may be engaged in by a trust company under 32-1-107 and such business as is incidental thereto. A subsidiary trust company shall not accept deposits or otherwise conduct commercial banking business.

History: En. 5-1504 by Sec. 4, Ch. 401, L. 1975; R.C.M. 1947, 5-1504.