The board of a trust company is responsible for the proper exercise of fiduciary powers by the trust company and for each matter that is related to the exercise of fiduciary powers, including
(1) the determination of policies;
(2) the investment and disposition of trust assets; and
(3) the direction and review of the actions of each officer, employee, and committee employed or used by the trust company in the exercise of its fiduciary powers.
Section: Previous 06.26.510 06.26.520 06.26.530 06.26.540 06.26.550 06.26.560 06.26.570 06.26.580 06.26.585 06.26.590 06.26.600 06.26.610 06.26.620 06.26.630 NextLast modified: November 15, 2016