Section 383-C:3-303 – No Bond.
383-C:3-303 No Bond. – Unless required by the order of a court with proper jurisdiction, no trust company authorized to act as trustee or executor in this state shall be required to give bond to secure performance of the trust company’s duties as trustee or executor. Source. 2015, 272:16, eff. Oct. 1, 2015.
Section 383-C:3-304 – Nominees.
383-C:3-304 Nominees. – Any trust company while acting in a fiduciary or custodial capacity, either alone or jointly with a person or persons, may cause any stock or other securities to be registered and held in the name of a nominee without mention of the fiduciary or custodial relationship. Source. 2015, 272:16, eff. Oct. […]