West Virginia Statutes

§ 31A-8F-10 — No concurrent maintenance of federal branches or agencies

West Virginia·Ch. 31A BANKS AND BANKING·Art. 8F THE WEST VIRGINIA INTERNATIONAL BANKING ACT
(a)No foreign bank which is licensed under this article to establish and maintain a West Virginia state agency shall concurrently maintain a federal branch or federal agency office in this state.
(b)No foreign bank which maintains a federal branch or federal agency office in this state shall concurrently be licensed under this article to maintain a West Virginia state agency office.

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Legislative History

1996 Reg. Sess., SB280

Nearby Sections

15
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