A state trust company or a state bank may:
Perform any act as a fiduciary;
Engage in any trust business;
Exercise any incidental power that is reasonably necessary to enable it to fully exercise, according to commonly accepted fiduciary customs and usages, a power conferred in this chapter; and
If a state trust company, exercise any other power authorized by Section 81-27-4.101.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 27 - Multistate, State and Limited Liability Trust Institutions
Article 2 - Trust Institution Offices
State Trust Institution Offices
§ 81-27-2.002. Branches and offices of state trust institutions
§ 81-27-2.003. State trust company principal office