§53-310. Offices of State trust companies  


Latest version.
  • (a)        A State trust company may engage in trust business or trust marketing through its principal office and through each trust office as permitted by this Part.

    (b)        A State trust company may engage in trust marketing through a representative trust office as permitted by this Part.

    (c)        A State trust company may engage in trust business and trust marketing through out-of-state trust offices or representative trust offices to the same extent permitted for trust institutions located in the host state through which those out-of-state trust offices or representative trust offices are located, subject to the laws of this State and as provided by rules, orders, or declaratory rulings of the Commissioner.

(2001-263, s. 1; 2005-269, s. 6.)