6-10-03. Limit on license.
76 words·~1 min read·
/nd/title-06/chapter-6-10-agents-for-deposits/6-10-03·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No license may be granted for the purpose of conducting such business in any city wherein there already is operating a state or national bank or an authorized separate facility. In the event that a national or state bank or an authorized separate facility is authorized to do, and does commence doing business in any city where a license has been granted to operate a business under this section, such license may not thereafter be renewed.