The board of directors shall annually appoint the officers of the State trust company
who shall serve at the pleasure of the board. The contract rights of officers, if any, shall be governed by applicable provisions
of Chapter 55 of the General Statutes and general law. The State trust company shall have a chief executive officer primarily responsible
for the execution of board policies and operation of the State trust company. The State trust company also shall have an officer responsible for the maintenance
and storage of all corporate books and records of the State trust company and for
required attestation of signatures. These positions shall not be held by the same person. The board may appoint any other officers of the State trust company, including assistants
to the officers required by this section, the board considers necessary or appropriate.
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