Establishment.

§ 774. Establishment. A corporation established under this subchapter shall be known as a limited purpose trust company. The Commissioner shall issue no certificate of public convenience and advantage or certificate of authority to establish a family trust company with respect to any corporation proposed to be established under this chapter solely for the purpose of exercising trust company powers, excepting a corporation organized under this subchapter or subchapter IX of this chapter.63 Del. Laws, c. 261, § 3; 85 Del. Laws, c. 346, § 4;