Current as of January 01, 2018 | Updated by FindLaw Staff
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(a) An out-of-state trust institution that does not operate a trust office in this state and that meets the requirements of this subarticle may establish and maintain a new trust office in this state.
(b) Until January 1, 1999, an out-of-state trust institution may not establish a new trust office in this state unless a similar institution chartered under the laws of this state to act as a fiduciary, is permitted to establish a new trust office that may engage in activities substantially similar to those permitted to trust offices of out-of-state trust institutions under Section 81-27-2.101, in the state where such out-of-state trust institution has its principal office.
Cite this article: FindLaw.com - Mississippi Code Title 81. Banks and Financial Institutions § 81-27-2.102 § 81-27-2.102. Establishing an interstate trust office - last updated January 01, 2018 | https://codes.findlaw.com/ms/title-81-banks-and-financial-institutions/ms-code-sect-81-27-2-102/
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