Section 113. Qualification of foreign trustee
A foreign corporate trustee shall qualify as a foreign corporation doing business in the commonwealth if it maintains the principal place of administration of any trust within the commonwealth. A foreign co-trustee shall not be required to qualify in the commonwealth solely because its co-trustee maintains the principal place of administration in the commonwealth. Unless otherwise doing business in the commonwealth, local qualification by a foreign trustee, corporate or individual, shall not be required for the trustee to receive distribution from a local estate, to hold, invest in, manage or acquire property located in the commonwealth or to maintain litigation. Nothing in this section shall affect a determination of what other acts require qualification as doing business in the commonwealth.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Chapter 203e - Massachusetts Uniform Trust Code
Article 1 - General Provisions and Definitions
Section 105 - Default and Mandatory Rules
Section 106 - Common Law of Trusts; Principles of Equity
Section 108 - Principal Place of Administration
Section 109 - Methods and Waiver of Notice
Section 110 - Others Treated as Qualified Beneficiaries
Section 111 - Non-Judicial Settlement Agreements