In determining whether to grant an application by a state bank for permission to operate a trust department to exercise the powers enumerated in this subchapter, the Bank Commissioner may take into consideration the sufficiency of the capital base of the applying state bank, the needs of the community to be served, and any other facts and circumstances that seem to him or her proper, and may grant or refuse the application accordingly.
Section: 23-47-702 23-47-703 23-47-704 23-47-705 23-47-706 23-47-707 23-47-708 23-47-709 23-47-710 NextLast modified: November 15, 2016