N.C. Gen. Stat. § 53-306

Current through Session Law 2024-56
Section 53-306 - Trust business of out-of-state trust institution

An out-of-state trust institution that establishes or acquires and maintains one or more trust offices or representative trust offices in this State under the provisions of this Part or that maintains one or more branches in this State may, subject to the provisions of this Part, conduct any activity through such a trust office, representative trust office, or branch that a State trust company or a State bank is authorized to conduct through a trust office, representative trust office, or branch under the laws of this State.

N.C. Gen. Stat. § 53-306

Amended by 2005 N.C. Sess. Laws 269, s. 4, eff. 8/12/2005.
Added by 2001-263, s. 1, eff. 7/1/2001.