As used in this article, unless the context otherwise requires: “Act as a fiduciary” or “acting as a fiduciary” means to: Accept or execute trusts, including to: Act as trustee under a written agreement; Receive money or other property in the capacity as trustee for investment in real or personal property; Act as trustee and […]
It is unlawful for any person, firm, association, or corporation to use or advertise the words “trust” or “trust company” in the conduct of its business in such a manner as is likely to cause the public to be confused, deceived, or mistaken that the person, firm, association, or corporation has been authorized to transact […]
The powers, duties, and functions of the banking board and the commissioner contained in article 102 of this title and the declaration of policy contained in section 11-101-102 shall apply to the provisions of this article. Source: L. 2003: Entire article added with relocations, p. 1177, § 3, effective July 1. Editor’s note: This section […]
In addition to the other powers conferred on the banking board by this article, the banking board shall have the power to: Implement by order and rule any provision of this article and to obtain restraining orders and injunctions to prevent violation of and to enforce compliance with the provisions of this article and the […]
Except as expressly provided in this article, no person, other than the banking board, shall have the right to bring or maintain any private action, at law or in equity, for a violation of or to enforce this article. Source: L. 2003: Entire article added with relocations, p. 1180, § 3, effective July 1. Editor’s […]
