{"data":{"id":"us/12-cfr-347.103","jurisdiction":"us","citation":"12 CFR 347.103","heading":"Effect of state law on actions taken under this subpart.","body":"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.","path":["Title 12—Banks and Banking","CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION","SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY","PART 347—INTERNATIONAL BANKING"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"bc1eeede86d25d9a38a72df77bf113e754279c928f5988b916e68190bdc31c98","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-347.102","next":"us/12-cfr-347.104"},"notice":"GroundRules: Original legal text. Not legal advice."}