§ 8-203. General powers.

The trust company shall have power: (1) To have a corporate name; (2) To have a corporate seal; (3) To sue and be sued and complain and defend in all courts of law and equity; (4) To receive reasonable compensation for all services performed by it under the Nebraska Trust Company Act; (5) To make bylaws not inconsistent with the act or its articles of incorporation for the management of its affairs; and (6) To appoint or elect such officers and agents as the business of the corporation may require. History: Laws 1911, c. 31, § 2, p. 188; R.S.1913, § 740; Laws 1919, c. 190, tit. V, art. XVIII, § 4, p. 718; C.S.1922, § 8065; C.S.1929, § 8-203; R.S.1943, § 8-203; Laws 1993, LB 81, § 16; Laws 1998, LB 1321, § 35.