§ 402. Powers to act as fiduciary and in other representative capacities
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking
7 P.S. § 402
§ 402. Powers to act as fiduciary and in other representative capacities
(viii) insurer of titles to, mortgages on and other interests in real estate--if the institution qualifies under the provisions of section 406.1
(b) An institution shall have, in respect of any capacity in which it may act pursuant to a power under subsection (a) of this section, all the rights and duties which an individual or a corporation has in such capacity under applicable law and under the terms upon which the institution is designated to act in such capacity.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 402.
Footnotes
7 P.S. § 406.
7 P.S. § 402, PA ST 7 P.S. § 402
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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