Sec. 20. A savings bank may do any of the following: (1) Take, accept, and execute a legal trust, duties, and powers in regard to: (A) the holding, management, sale, or disposition of property; and (B) the rents and profits from that property; that are granted or confided to the savings bank by any authority. (2) Take, accept, and execute a trust and any powers that may be conferred upon the savings bank by any authority. (3) Generally execute legal trusts of every description.
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