N.Y. Banking Law § 153: Offices

§ 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, including its principal office, at any

one or more locations in the state of New York at which the owning bank

holding company, any affiliated bank, or any affiliated trust company

has a banking office, and (b) an affiliated trust company may open and

occupy a trust office at the location in the state at which such

subsidiary trust company has its principal office. A subsidiary trust

company or an affiliated trust company, as the case may be, which

proposes to open and occupy a trust office pursuant to this section

shall make written application to the superintendent for leave to do so

in the manner provided in section twenty-nine of this chapter with

respect to branch offices and shall pay the investigation fee specified

therein.