(1) For the purposes of qualification as successor fiduciary under any requirements contained in any document creating a fiduciary account or any statute of this state relating to fiduciary accounts, the subsidiary trust company or national trust company:(1) Is considered to have capital and surplus equal to its capital and surplus plus the capital and surplus of its owning bank holding company; and(2) Shall be treated as a national bank, unless:(A) It is not a national bank under federal law relating to national banks; and(B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks.
(1) Is considered to have capital and surplus equal to its capital and surplus plus the capital and surplus of its owning bank holding company; and
(2) Shall be treated as a national bank, unless:(A) It is not a national bank under federal law relating to national banks; and(B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks.
(A) It is not a national bank under federal law relating to national banks; and
(B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks.