1. (a) A savings bank may act under court appointment as guardian, trustee, or personal representative on the application or consent of a person acting or entitled to act as such and in the place of that person.

2. (b) An appointment under subsection (a) may be made:

   1. (1) upon notice required by law to the persons interested in the estate or fund; and

   2. (2) with the consent of the principal beneficiaries or other persons interested in the estate or fund;

      as the court making the appointment considers proper.

As added by P.L.42-1993, SEC.72.