2010 New York Code
BNK - Banking
Article 3 - (94 - 140-A) BANKS AND TRUST COMPANIES
105-B - Trust offices.

§  105-b.  Trust  offices. 1. A trust company may establish or acquire
  and maintain one or more trust offices anywhere in this  state,  or,  if
  and  to  the  extent  authorized by another state, in a state other than
  this state.
    2. A trust company seeking to establish  or  acquire  and  maintain  a
  trust  office  shall  submit  a  written  notice  to  the superintendent
  describing the proposed activities and such  other  information  as  the
  superintendent  shall  request.  The  notice  shall be accompanied by an
  investigation fee as prescribed pursuant to section eighteen-a  of  this
  chapter.
    3.  The  trust  office  may  commence  operation thirty days after the
  superintendent receives such notice, unless the superintendent  notifies
  the trust company in writing within such time period that the office may
  not  commence  operation  or  that  additional  information  or  time is
  required for the superintendent to consider such notice.
    4. The superintendent may deny approval of the  trust  office  if  the
  superintendent  finds  that  the maintenance of such office would not be
  consistent with the  goals  set  forth  in  the  declaration  of  policy
  contained in section ten of this chapter.

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