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9-2102. Applicability of act.

9-2102

Chapter 9.--BANKS AND BANKING; TRUST COMPANIES
Article 21.--TRUST COMPANIES

      9-2102.   Applicability of act. (a) All trust companies incorporated after the effective date of this act shall be organized and governed pursuant to this act.

      (b)   All trust companies incorporated before the effective date of this act, upon the effective date of this act, shall be subject to and governed by the provisions of this act.

      History:   L. 1989, ch. 48, § 2; July 1.

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