Multistate Trust Institutions Act | Midpage

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Multistate Trust Institutions Act

Multistate Trust Institutions Act

1701Short Title - Intent 1708Business Activity of Out-of-State Trust Institution 1702Definitions 1703Promulgation of Rules by Commissioner 1704Application of Act 1705Companies Acting as Fiduciaries - Unauthorized Trust Activity 1706Activities Not Requiring Charter, License, or Registration 1714Business in Additional Offices Outside State 1707State Trust Institution - Business Activities 1715Requirements of Out-of-State Trust Institution to Act as Fiduciary or Engage in Trust Business at Office in State 1709Out-of-State Trust Institution - Registration of Name with Commissioner 1710Powers of State Trust Companies or State Banks 1711State Trust Institutions Acting as Trust Business 1712Maintenance of Principal Office in State 1713Business in Additional Offices in State 1722Representative Trust Office 1716Establishment and Maintenance of New Trust Office 1717Maintenance of New Trust Office in State 1718Requirement of Written Notice of Proposed Transaction to Commissioner 1719Requirements to Establish Trust Office of Out-of-State Trust Institution 1720Additional or Representative Trust Offices 1721Out-of-State Trust Institution - Rights 1723Examinations of Offices - Reports - Information-Sharing Agreements 1724Actions of Commissioner 1725Notice Required for Certain Actions