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e-CFR data is current as of September 17, 2020

Title 12Chapter IIISubchapter BPart 347 → §347.103


Title 12: Banks and Banking
PART 347—INTERNATIONAL BANKING


§347.103   Effect of state law on actions taken under this subpart.

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.

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