§ 347.214. Branch established under section 5 of the International Banking Act.

65 words·~1 min read·/us/cfr/t12/s§ 347.214·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A foreign bank may operate any state branch as a noninsured branch whenever the foreign bank has entered into an agreement with the FRB to accept at that branch only those deposits as would be permissible for a corporation organized under section 25(a) of the Federal Reserve Act (12 U.S.C. 611 et seq.) and implementing rules and regulations administered by the FRB (12 CFR 211).

Connectionstraces to 1

Traces to 1 document

U.S. Code

Formation authorized; fiscal agents; depositaries in insular possessions
§ 611

1 reference not yet in our index

12 CFR 211

Citation graph

cites case law

§ 347.214

Branch established under section 5 of the International Banking Act.

U.S.C.§ 611

Cite12 CFR 211

Cites 2Cited by 0 across 0 sources