{"data":{"id":"us-dc/d.c.-code-26-634","jurisdiction":"us-dc","citation":"D.C. Code § 26-634","heading":"Requirements for international banking corporation activities.","body":"(a)\nAn international banking corporation may transact a banking business, or maintain in the District of Columbia an office for carrying on such business, or any part thereof, if the corporation has:\n(1)\nBeen authorized by its charter to carry on a banking business and has complied with the laws of the jurisdiction in which it is chartered;\n(2)\nFurnished to the Department such proof as to the nature and character of its business and as to its financial condition as the Department may require;\n(3)\nFiled with the Department a certified copy of any information required to be supplied to the District of Columbia by a foreign corporation under § 29-101.99; and\n(4)\nBeen licensed by the Department.\n\n(b)\nAn international banking corporation may engage in representational and other activities in the District of Columbia, other than those specified in § 26-635, only as authorized in § 26-636.\n\n(c)\nAny person who establishes or maintains an office or transacts business in the District of Columbia in violation of this section shall be subject to the penalties imposed by § 26-103(g).","path":["Title 26. Banks and Other Financial Institutions.","Chapter 6A. International Banking."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-634","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"77f33c198f5c9e94edd0aaddf4ee1f27f39c1365074efc03721618823574924a","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-633","next":"us-dc/d.c.-code-26-635"},"notice":"GroundRules: Original legal text. Not legal advice."}