West Virginia § 31A-8F-18 Amended license to establish and maintain a direct agency office or representative office

West Virginia Statutes

§ 31A-8F-18 — Amended license to establish and maintain a direct agency office or representative office

West Virginia·Ch. 31A BANKS AND BANKING·Art. 8F THE WEST VIRGINIA INTERNATIONAL BANKING ACT

(a)A foreign bank which is licensed to establish and maintain a West Virginia state agency or West Virginia representative office must secure an amended license if it changes its corporate name, changes corporate control, changes the duration of its corporate existence or desires to pursue in this state other or additional purposes than those set forth in its prior application under this article for a license, by making application therefor to the commissioner.

(b)The requirements with respect to the form and contents of an application under subsection (a) of this section, the manner of its execution, the filing of duplicate originals thereof with the commissioner, the issuance of an amended license and the effect thereof shall be the same as in the case of an initial application for a

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(a) A foreign bank which is licensed to establish and maintain a West Virginia state agency or West Virginia representative office must secure an amended license if it changes its corporate name, changes corporate control, changes the duration of its corporate existence or desires to pursue in this state other or additional purposes than those set forth in its prior application under this article for a license, by making application therefor to the commissioner.

(b) The requirements with respect to the form and contents of an application under subsection (a) of this section, the manner of its execution, the filing of duplicate originals thereof with the commissioner, the issuance of an amended license and the effect thereof shall be the same as in the case of an initial application for a license to establish and maintain a West Virginia state agency or West Virginia representative office, except as may be provided by the commissioner in the case of a change of control which results merely from a corporate reorganization.

West Virginia § 31A-8F-18 (Amended license to establish and maintain a direct agency office or representative office) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.