§ 81-27-5.001. Investment in state trust company facilities
In this subarticle, “state trust company facility” means real estate, including an improvement, owned, or leased to the extent the lease or the leasehold improvements are capitalized, by a state trust company for the purpose of: Providing space for state trust company employees to perform their duties and space for parking by state trust company […]
§ 81-27-5.002. Other real estate
A state trust company may not acquire real estate except: As permitted by Section 81-27-5.001 or as otherwise provided by this chapter, including rules or regulations adopted under this chapter; If necessary to avoid or minimize a loss on a loan or investment previously made in good faith; or With the prior written approval of […]