TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: OFFICE OF BANKS AND REAL ESTATE
PART 320 POWERS INCIDENTAL AND GERMANE TO CARRYING ON A GENERAL BANKING BUSINESS
SECTION 320.20 GENERAL BANKING BUSINESS
CHAPTER II: OFFICE OF BANKS AND REAL ESTATE
PART 320 POWERS INCIDENTAL AND GERMANE TO CARRYING ON A GENERAL BANKING BUSINESS
SECTION 320.20 GENERAL BANKING BUSINESS
Section 320.20 General Banking Business
A state bank has the power to do a general banking business and the power to engage in activities which are incidental and germane to carrying on a general banking business (Corbett v. Devon Bank, 299 N.E. 2d 521, 529 (1973)).