§ 53-315. Establishing an interstate trust office. - North Carolina Statutes

§ 53‑315.  Establishingan interstate trust office.

An out‑of‑statetrust institution that obtains approval from the Commissioner in accordancewith the provisions of this Subpart may establish and maintain a trust officein this State; provided that the Commissioner shall not grant that approvalunless the home state of the out‑of‑state trust institution permitsa State trust institution to establish and maintain a trust office in that homestate under restrictions not materially greater than those imposed by thisArticle. (2001‑263,s. 1.)