North Carolina § 53-310 Offices of State trust companies

North Carolina Statutes

§ 53-310 — Offices of State trust companies

North Carolina·Ch. 53 Regulation of Financial Services·Art. 24 Trust Companies and Interstate Trust Business

(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.)

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(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.)

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