Título 7. BANKING AND FINANCE · Capítulo 1. FINANCIAL INSTITUTIONS · Artículo 2. BANKS AND TRUST COMPANIES · Parte 4A. AFFILIATE TRANSFERS
7-1-323. Appointment of affiliated trust company as agent for bank; liability of bank for actions of agent.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
In addition to and not in limitation of the other powers provided in this part, any bank shall be entitled and empowered to designate an affiliated trust company as its agent for the performance of all acts, obligations, and responsibilities of the bank with respect to any fiduciary capacity. In such event, the bank shall remain fully responsible and liable with respect to all actions of the affiliated trust company as if performed by the bank itself. No such agency relationship shall:
- (1)
Be deemed an impermissible delegation of responsibility or duty by the bank; or#
- (2)
Constitute a resignation or disqualification of the bank as fiduciary or a relinquishment of trust powers by the bank.#
History
Code 1981, § 7-1-323, enacted by Ga. L. 1986, p. 1244, § 1; Ga. L. 1992, p. 6, § 7.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t7-t8-(v5)-2024-pdf.pdf, Volumen V5, edición 2024, página 198; acción de fusión: carried; SHA-256 del archivo 5c69f28428d8.