D.C. Code § 26-739: Establishment of agency agreements between affiliated depository institutions.
Where this section sits in the code
- Title 26. Banks and Other Financial Institutions.
- Chapter 7. Interstate Banking and Branching.
- Subchapter II. Interstate Banking and Branching.
A District state bank that is a subsidiary of a bank holding company may agree to receive deposits, renew time deposits, close loans, service loans, receive payments on loans and other obligations, and perform such other services as the Superintendent [Commissioner] may determine are appropriate, as an agent for a depository institution affiliate.
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