Unlawful to Engage in Business of Trust Company

Without License. Unlawful to Use or Advertise Word >Trust= as Part of Name; Exceptions. Minimum Capitalization. Incorporation; Required Number of Persons. Contents of Articles of Incorporation. Commissioner to Issue Certificate of Incorporation; Commissioner Must Authorize Business Before Company May Transact Business. Subscription, Acknowledgment and Filing of Articles of Incorporation; Filing of Copies. Application for License: Contents; Fees. Procedure for Granting or Denying License. Issuance or Denial of License; Renewal. License Fees; Renewals. Cancellation of License If Trust Company Fails to Open for Business.