[PART V.] NONDEPOSITORY TRUST COMPANIES
[§412:8-500] Powers and duties. (a) Unless otherwise prohibited or restricted by this section or any other law, a nondepository trust company shall have the general powers specified in section 412:8-200.
(b) Notwithstanding any other provision in this chapter, a nondepository trust company shall not:
(c) A nondepository trust company shall not itself perform, and instead shall contract for, the following services for its clients, if needed:
(d) A nondepository trust company shall be responsible for the performance of the service providers that it engages for its clients. [L 2021, c 105, §1]