2009 North Carolina Code
Chapter 53 - Banks.
§ 53-159. Bank may act as fiduciary.
Article 14.
Banks Acting in a Fiduciary Capacity.
Part 1. General Provisions.
§ 53‑159. Bank may act as fiduciary.
Any bank licensed by the Commissioner of Banks, where such powers or privileges are granted it in its charter, may be guardian, trustee, assignee, receiver, executor or administrator or act in another fiduciary capacity in this State without giving any bond; and the clerks of the superior courts, or other officers charged with the duty or clothed with the power of making such appointments, are authorized to appoint such bank to any such office. (1945, c. 743, s. 1; 2001‑263, s. 3.)
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