Fiduciary Bond or Oath Excused

4 CMC § 6532 — under Retail Banking Practices.

4 CMC § 6532

TITLE 4: ECONOMIC RESOURCES

DIVISION 6: BANKING AND FINANCIAL INSTITUTIONS

§ 6532. Fiduciary Bond or Oath Excused. No oath or bond shall be required of a bank to qualify upon appointment as a fiduciary, unless the instrument creating a fiduciary position expressly otherwise provides. Source: PL 3-104, § 631.