§ 53-345. Engaging in commerce prohibited.
A State trust company generally may not engage in trade or commerce, including buying, selling, or dealing in goods, except for trust business and trust marketing or when needed to fulfill a fiduciary duty to a client.
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- Jurisdiction
- United States — North Carolina
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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trade and commerce restrictions trust company operations
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§ 53-345. Engaging in commerce prohibited.
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