6-382. Powers of bank as fiduciary
54 words·~1 min read·
/az/title-6/6-382A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The prohibitions, limitations and restrictions on the transactions of a bank in dealing with its general assets shall not be applicable to a bank in the exercise of its powers as a fiduciary over assets held in such capacity or with respect to obligations incurred in such capacity against the credit of the trust.