Code of Federal Regulations · Section

§ 347.103 — Effect Of State Law On Actions Taken Under This Subpart

12 C.F.R. § 347.103

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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.

12 C.F.R. § 347.102 12 C.F.R. § 347.104

Authorizing Statute