32-1-806. Trust offices of affiliated banks. Notwithstanding the provisions of 32-1-372, a bank having trust powers may be authorized by the department or by the comptroller of the currency, in the case of a national banking association, to maintain a trust office at any one or more locations in this state in the same building with the main office of any affiliated bank which on January 1, 1975, was authorized to act in fiduciary capacities.
History: En. 5-1506 by Sec. 6, Ch. 401, L. 1975; R.C.M. 1947, 5-1506.
Structure Montana Code Annotated
Title 32. Financial Institutions
Chapter 1. Banks and Trust Companies
Part 8. Subsidiary Trust Companies
32-1-803. Organization of subsidiary trust companies
32-1-804. Permissible business of subsidiary trust companies
32-1-805. Trust offices of subsidiary trust companies
32-1-806. Trust offices of affiliated banks
32-1-807. Transfer of fiduciary relationships from affiliated banks to subsidiary trust companies
32-1-808. Transfer of fiduciary relationships between affiliated banks