New York Banking Law Article 3-B - SUBSIDIARY TRUST COMPANIES

• 150 - Definitions.
  1. "Subsidiary trust company", when used in this article, means a trust company which is subject to the provisions of this article. 2. "Bank holding...
• 151 - Organization of Subsidiary Trust Companies.
  A subsidiary trust company shall be organized in accordance with the provisions of this chapter relating to the organization of trust companies. All of the...
• 152 - Business of Subsidiary Trust Companies; Limitation on Powers.
  A subsidiary trust company shall have all of the powers of and be entitled to engage in the business of a trust company, provided that...
• 153 - Offices.
  Notwithstanding the provisions of sections twenty-nine and one hundred five of this chapter, (a) a subsidiary trust company may open and occupy a trust office,...
• 154 - Transfer of Fiduciary Relationships From Affiliated Banks or Trust Companies to Subsidiary Trust Companies.
  1. (a) At any time or times after the issuance to it by the superintendent of the authorization certificate specified in article two of this...
• 155 - Applicable Laws and Regulations.
  To the extent not inconsistent with provisions of this article, a subsidiary trust company shall be subject to the laws of the state of New...

Last modified: February 3, 2019