12 CFR § 347.103 International Banking

§ 347.103 Effect of state law on actions taken under this subpart.

Current through Oct 1, 2026 · Read all of Part 347

A bank may acquire and retain equity interests in a foreign organization or establish a foreign branch, subject to the requirements of this subpart, if it is authorized to do so by the law of the state in which the bank is chartered.

← § 347.102 Definitions.§ 347.104 Insured state nonmember bank investments in foreign organizations. →