1. (a) When used with respect to an independent trust company, the head office or any branch office of such independent trust company.
2. (b) When used with respect to a commercial bank with trust department, the headquarters of the trust department of such commercial bank or any office (other than a place of business) of such commercial bank at which one or more officers or employees of such commercial bank are engaged on a substantially full-time basis in the business of administering fiduciary accounts.

“Trust administration office” means:

Note: Authority cited: Section 215, Financial Code. Reference: Division 1, Financial Code.

History

1. Repealer of subsection (b), subsection relettering and new Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).