2013 Mississippi Code
Title 81 - BANKS AND FINANCIAL INSTITUTIONS
Chapter 27 - MULTISTATE, STATE AND LIMITED LIABILITY TRUST INSTITUTIONS
Article 2 - TRUST INSTITUTION OFFICES
A STATE TRUST INSTITUTION OFFICES
§ 81-27-2.002 - Branches and offices of state trust institutions
(a) A state trust institution may act as a fiduciary and engage in a trust business at each trust office as permitted by this chapter and at a branch.
(b) A state trust institution may not act as a fiduciary but may otherwise engage in a trust business at a representative trust office as permitted by this chapter.
(c) Notwithstanding subsections (a) and (b) of this section, a state bank or a state trust company may not engage at an out-of-state office in any trust business not permitted for such an office by the host state where the office is located to trust institutions chartered by such state.
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