Section 47-14A-30 - One trustee required to have residence or principal place of business in state.
47-14A-30. One trustee required to have residence or principal place of business in state. Every business trust shall at all times have at least one trustee which, in the case of a natural person, shall be a person who is a resident of this state or which, in all other cases, has its principal place of business in this state.
Source: SL 2001, ch 245, § 30.