- A. This act shall be known and may be cited as the "Multistate Trust Institutions Act".
- B. It is the express intent of this act to permit banks and other depository institutions, foreign banks and trust companies to engage in the trust business on a multistate and international basis to the extent consistent with the safety and soundness of the trust institutions engaged in a trust business in this state and the protection of consumers, clients and other customers of such trust institutions.
Laws 1998, HB 2894, c. 104, § 1, eff. November 1, 1998.