Effect of state law on actions taken under this subpart.

CFR · 2024-01-01 · US · Title 12

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.

official document · source cfr-2024 · id 12:§ 347.103