Side-by-Side Comparison of State Private Trust Company Laws Shows Key Advantages by Location

Holland & Knight LLP

There are numerous laws and regulatory issues to take into account when considering a state in which to form a Private Trust Company (PTC), including requirements around annual reporting, residency of personnel and capital requirements. This report provides a side-by-side comparison of state PTC laws across eight key states, including Ohio, Florida, Texas, Tennessee, New Hampshire, Nevada, South Dakota and Wyoming.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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