TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 390
REGULATION OF TRUST AND BANKING COMPANIES

Fiduciary Powers of Trust Companies and National Banks

Section 390:14

    390:14 Bonds. – Unless required by the order of a court with proper jurisdiction, no corporation or limited liability company authorized to act as trustee or executor in this state shall be required to give bond of an indemnity company licensed to do business in this state.

Source. 1919, 121:1. PL 264:14. RL 312:14. 2006, 320:5, eff. Aug. 19, 2006.