§ 81-27-2.001. Trust business
A state trust company or a state bank may: Perform any act as a fiduciary; Engage in any trust business; Exercise any incidental power that is reasonably necessary to enable it to fully exercise, according to commonly accepted fiduciary customs and usages, a power conferred in this chapter; and If a state trust company, exercise […]
§ 81-27-2.002. Branches and offices of state trust institutions
A state trust institution may act as a fiduciary and engage in a trust business at each trust office as permitted by this chapter and at a branch. A state trust institution may not act as a fiduciary but may otherwise engage in a trust business at a representative trust office as permitted by this […]
§ 81-27-2.003. State trust company principal office
Each state trust company must have and continuously maintain a principal office in this state. Each executive officer at the principal office is an agent of the state trust company for service of process. A state trust company may change its principal office to any location within this state by filing a written notice with […]
§ 81-27-2.004. Trust office; representative trust office
A state trust institution may establish or acquire and maintain trust offices or representative trust offices anywhere in this state. A state trust institution desiring to establish or acquire and maintain such an office shall file a written notice with the commissioner setting forth the name of the state trust institution, the location of the […]
§ 81-27-2.005. Out-of-state offices
A state bank, a state trust company or a savings association chartered under the laws of this state may establish and maintain a new trust office or a representative trust office or acquire and maintain an office in a state other than this state. Such a trust institution desiring to establish or acquire and maintain […]