§ 13-5-424 — Establishment of trust service offices; application

(a) After first applying for and obtaining the approval of
the commissioner, one (1) or more trust service offices may be
established and operated by a supervised trust company organized
under the laws of this state. An application to establish and
operate a trust service office or to relocate an existing trust
service office shall be submitted and approved by way of the
procedure set forth in W.S. 13-5-508.
(b) A supervised trust company may establish a trust
service office in another state, territory or district and may
conduct any activities at that office that are permissible for a
supervised trust company under the laws of that state, territory
or district, subject to the laws of this state and subject to
the rules and regulations of the commissioner.
(c) After giving notice to the commissioner, a trust
company, established and chartered under the laws of another
state and which qualifies as a supervised trust company for the
purposes of this chapter, may establish and operate a trust
service office in this state if the company's home state does
not prohibit a Wyoming supervised trust company from
establishing a trust service office in that state.