§ 7-1-260 - General Corporate Powers
Subject to restrictions contained in this chapter or in its articles, a bank or trust company shall have the power: (1) To have perpetual...
§ 7-1-261 - Additional Operational Powers
Banks and trust companies shall, in addition, have the power: (1) To act as agent of the United States or any public body thereof...
§ 7-1-263 - Property Held to Avoid Loss
A bank or trust company may acquire and hold property for the purpose of avoiding loss as specified in paragraph (8) of Code Section...