Section 3-102 – Applicability of Article to Certain Trust Companies

    Every trust company has the powers granted by, and is subject to, the provisions of this article that relate to trust companies. However, except as provided in § 3-209(b) of this title as to the establishment of branches, the provisions of this article do not repeal, modify, or affect any special right, privilege, or power […]

Section 3-103 – Requirements and Standards for Exercise of Fiduciary Powers

    (a)    This section applies to a commercial bank that:         (1)    Is not in the business of accepting deposits or retaining funds in a deposit account as defined in § 5-509 of this article; and         (2)    Is not controlled by or under common control with a banking institution or a national banking association with its principal office located in […]