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April 26, 2024 Clear | 35°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 113: Qualification of foreign trustee

Section 113. Qualification of foreign trustee


A foreign corporate trustee shall qualify as a foreign corporation doing business in the commonwealth if it maintains the principal place of administration of any trust within the commonwealth. A foreign co-trustee shall not be required to qualify in the commonwealth solely because its co-trustee maintains the principal place of administration in the commonwealth. Unless otherwise doing business in the commonwealth, local qualification by a foreign trustee, corporate or individual, shall not be required for the trustee to receive distribution from a local estate, to hold, invest in, manage or acquire property located in the commonwealth or to maintain litigation. Nothing in this section shall affect a determination of what other acts require qualification as doing business in the commonwealth.

{HG4}ARTICLE 2 {HG4C}JUDICIAL PROCEEDINGS