208. Fiduciary responsibility.

Miss. Code Ann. § 81-27-6.208
in effect
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The board of a state trust company is responsible for the proper exercise of fiduciary powers by the state trust company and each matter pertinent to the exercise of fiduciary powers, including: The determination of policies; The investment and disposition of property held in a fiduciary capacity; and The direction and review of the actions of each officer, employee, and committee used by the state trust company in the exercise of its fiduciary powers.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.81.htmlFetched: 6/10/2026

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