§ 81-27-2.104. Requirement of notice
An out-of-state trust institution desiring to establish and maintain a new trust office or acquire and maintain a trust office in this state pursuant to this subarticle shall provide, or cause its home state regulator to provide, written notice of the proposed transaction to the commissioner on or after the date on which the out-of-state […]
§ 81-27-1.102. Activities not requiring a charter, etc.
Notwithstanding any other provision of this chapter, a company does not engage in the trust business or in any other business in a manner requiring a charter, license or registration under this chapter or in an unauthorized trust activity by: Acting in a manner authorized by law and in the scope of authority as an […]
§ 81-27-1.103. Trust business of state trust institution
A state trust institution may act as a fiduciary or otherwise engage in a trust business in this or any other state or foreign country, subject to complying with applicable laws of such state or foreign country, at an office established and maintained pursuant to this chapter, at a branch or at any location other […]
§ 81-27-1.104. Trust business of out-of-state trust institution
An out-of-state trust institution which establishes or maintains one or more offices in this state under this chapter may conduct any activity at each such office which would be authorized under the laws of this state for a state trust institution to conduct at such an office.
§ 81-27-1.105. Name of trust institution
A state trust company or out-of-state trust institution may register any name with the commissioner in connection with establishing a principal office, trust office or representative trust office in this state pursuant to this chapter, except that the commissioner may determine that a name proposed to be registered is potentially misleading to the public and […]
§ 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 […]