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Code · New York · Banking · Subsidiary Trust Companies

§ 151. Organization of subsidiary trust companies.

48 words·~1 min read·/ny/banking/subsidiary-trust-companies/151·

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§ 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
outstanding voting stock of a subsidiary trust company shall be owned by
a bank holding company.
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