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§ 766 — Delaware Law | CourtGPT
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  3. Delaware/
  4. Title 5 - Banking/
  5. Chapter 7 - Corporation Law for State Banks and Trust Companiessub/
  6. Subchapter IV - Powers and Prohibitions§ 761. General Powers of Corporations Organized Under This Chapter/
  7. § 766
Delaware Legal Code

§ 766

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A trust company established under this chapter may act as agent for the purpose of issuing, registering or countersigning the certificates of stock, bonds, or other evidences of indebtedness of a corporation, association, municipal corporation, state or national government, on such terms as may be agreed upon, and may also act as trustee for the bondholders of a corporation, and for such purpose may receive transfers of real and personal property upon such terms as may be agreed upon.38 Del. Laws, c. 94, § 25; Code 1935, § 2394; 5 Del. C. 1953, § 766;