A state trust company or a state bank may:
- 1. Perform any act as a fiduciary;
- 2. Engage in any trust business; and
- 3. Exercise any incidental power that is necessary to enable it to fully exercise, according to commonly accepted fiduciary customs and usages, a power conferred in this act.
Laws 1998, HB 2894, c. 104, § 10, eff. November 1, 1998.