GroundRules
12 CFR 347.103: Effect of state law on actions taken under this subpart.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION
- SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY
- PART 347—INTERNATIONAL BANKING
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON