A foreign corporation, insofar as it acts in a fiduciary capacity in this state pursuant to the provisions of this division, shall not be deemed to be transacting business in this state, but no foreign corporation acting in a fiduciary capacity in this state pursuant to the provisions of this division without registering to transact business in this state pursuant to this title or other applicable provisions of law shall establish or maintain in this state a place of business, branch office, or agency for the conduct of business as a fiduciary. Nothing contained in this division shall diminish the authority of out-of-state banks and trust companies to establish or acquire and maintain trust offices or representative trust offices, or both, under the provisions of Chapter 11A of Title 5.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2A - Alabama Business Corporation Law.
Article 15 - Foreign Corporations.
Division B - Acting in a Fiduciary Capacity.
Section 10A-2A-15.10 - Definitions.
Section 10A-2A-15.11 - Authority of Foreign Corporation to Act as Fiduciary.
Section 10A-2A-15.14 - Foreign Corporation Previously Acting in Fiduciary Capacity in State.
Section 10A-2A-15.15 - Service of Process on Foreign Corporation Acting in Fiduciary Capacity.