Section 06.26.830. Requirement of notice.

To establish a new trust office or acquire a trust office that is in existence at the time of acquisition in this state under AS 06.26.810 - 06.26.895, an interstate state trust company, interstate national trust company, or international trust company shall provide, or cause its home jurisdiction regulator to provide, written notice of the proposed transaction to the department on or after the date on which the trust company applies to its home jurisdiction regulator for approval to establish or acquire the trust office. The trust company shall file with the notice and maintain a copy of a resolution adopted by the board of the trust company authorizing the establishment or acquisition of the office and shall pay the filing fee established by the department by regulation.

Authorities

6.26.840

Notes

Implemented As

3 AAC 04.010

References

AS 6.26.840 .840">Sec. 06.26.840. Conditions for approval.

History

(Sec. 2 ch 77 SLA 2002)