North Carolina § 53-314 - Trust business through a branch or trust office.
Full text of North Carolina North Carolina General Statutes § 53-314 — Trust business through a branch or trust office., with citation guidance and answers to common questions.
§ 53-314. Trust business through a branch or trust office.
An out-of-state trust institution may engage in trust business in this State only if it (i) maintains a trust office in this State as permitted by this Subpart, (ii) was allowed to maintain a trust office in this State under laws, or rules or orders of the Commissioner in effect prior to the date of enactment of this Article, but only to the extent allowed and subject to all limitations and conditions imposed under those laws, rules, or orders, or (iii) is a depository institution that maintains a branch in this State. History (2001-263, s. 1; 2005-269, s. 7.) Effect of Amendments. - Session Laws 2005-269, s. 7, effective August 12, 2005, substituted "through" for "at" in the section catchline.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 53-314
What does North Carolina General Statutes § 53-314 cover?
Section 53-314 ("Trust business through a branch or trust office.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 53-314?
A common citation format is "North Carolina General Statutes § 53-314" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 53-314 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.