Fiduciary operations at a branch or trust office.

(a) An interstate state trust company, interstate national trust company, or international trust company may not act as a fiduciary in this state unless the trust company maintains a trust office in this state as permitted under AS 06.26.810 — 06.26.895. (b) If an interstate state trust company, interstate national trust company, or international trust company establishes or acquires a trust office in this state under AS 06.26.810 — 06.26.895, the trust company may conduct at the trust office any activity that a trust company may conduct at a trust office under this chapter.