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The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
ARTICLE 3-B
Subsidiary Trust Companies
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SECTION 151
Organization of subsidiary trust companies
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ARTICLE 3-B
Subsidiary Trust Companies
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SECTION 153
Offices
This entry was published on 2014-09-22
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SECTION 152
Business of subsidiary trust companies; limitation on powers
Banking (BNK) CHAPTER 2, ARTICLE 3-B
§ 152. Business of subsidiary trust companies; limitation on powers. A
subsidiary trust company shall have all of the powers of and be entitled
to engage in the business of a trust company, provided that a subsidiary
trust company shall not have the power to accept deposits.