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April 24, 2024
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2021 Statute

Section Number

9-2301 - Citation of act; definitions.
9-2302 - Organization; application for certificate of authority; criteria for approval; applicable distribution.
9-2303 - Fees and assessments; examination expenses; remittance of moneys.
9-2304 - Provisions of state banking code applicable; exceptions; conflict of law.
9-2305 - Capitalization requirements.
9-2306 - Board of directors; membership; annual meeting; oath; notification of commissioner.
9-2307 - Report to commissioner; safety and soundness.
9-2308 - Name of institution; advertising; restrictions.
9-2309 - Maintaining suitable office space; requirements; staffing; maintenance of records.
9-2310 - General powers.
9-2311 - Financing; required distribution amount; schedules; remittance of moneys.
9-2312 - Authorized functions; parties engaged by an institution; services to residents of other states.
9-2313 - Custodial services; requirements.
9-2314 - Trust advisor; rights, powers, immunities and liabilities.
9-2315 - Excluded fiduciary; actions not liable for; relieved of certain duties; deemed administrative actions.
9-2316 - Trust advisor; presumed fiduciary; jurisdiction; appointment.
9-2317 - Entity as trust advisor; requirements.
9-2318 - Indemnification of trust advisor; exceptions.
9-2319 - Trustee compensation.
9-2320 - Privacy; protection in court proceedings; exception.
9-2321 - Forms; definition; request for review; review not approval or endorsement.
9-2322 - Adoption of rules and regulations by the commissioner; contracts for technical assistance.
9-2323 - No maximum interest rate or charge.
9-2324 - Technology-enabled fiduciary financial institutions development and expansion fund; administration by secretary of commerce; purpose; interest earnings.
9-2325 - Pilot program; requirements; fees; distributions; report to certain committees of the legislature.
9-2326 - Trust interest not void or invalid by any common law rule.
9-2327 - Tax classification as determined under the federal internal revenue code.
2024. Powered by KLISS. Rendered: 2024-04-24T10:40:43. Head Rev No: 893617(E)