An out-of-state trust institution may act as a fiduciary in this state or engage in a trust business at an office in this state only if it maintains:
1. A trust office in this state as permitted by this section through Section 20 of this act; or
2. A branch in this state.
Added by Laws 1998, c. 104, § 15, eff. Nov. 1, 1998.
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