TITLE 26

BANKS AND BANKING

CHAPTER 34

TRUST INSTITUTIONS — OUT-OF-STATE TRUST INSTITUTION OFFICES

26-3402.  Establishing or acquiring an interstate trust office or representative office. (1) An out-of-state trust institution that does not operate a trust office in this state and that meets the requirements of this chapter may establish or acquire, and maintain, a trust office in this state.

(2)  An out-of-state trust institution may establish or acquire, and maintain, a representative trust office in this state.

History:

[26-3402, added 2000, ch. 288, sec. 8, p. 983.]