N.C. Gen. Stat. § 53-310
Offices of State trust companies
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
(1) 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.
(1) 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.
(2) A State trust company may engage in trust marketing through a representative trust office as permitted by this Part.
(2) A State trust company may engage in trust marketing through a representative trust office as permitted by this Part.
(3) 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.
(3) 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.
History
(2001-263, s. 1; 2005-269, s. 6.)
Effect of Amendments. - Session Laws 2005-269, s. 6, effective August 12, 2005, substituted "through" for "at" throughout subsections (a) and (b); substituted "through" for "in" twice in subsection (c).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.