PURPOSES OF THE ACT.

26-3202. Purposes of the act. The purposes of this act are to permit: (1) State banks and state trust companies to engage in the trust business in this state; and (2) Banks and other depository institutions, foreign banks and trust companies to engage in the trust business on a multistate and international basis to the extent consistent with the safety and soundness of the trust institutions engaged in a trust business in this state and the protection of consumers, clients and other customers of such trust institutions. History: [26-3202, added 2000, ch. 288, sec. 8, p. 975.]