US Lawyer Database

663.055 – Capital requirements.

663.055 Capital requirements.— (1) To qualify for a license under this part, the proposed capitalization of the international banking corporation must be in such amount as the office determines is necessary, taking into consideration the risk profile of the international banking corporation and the ability of the international banking corporation to operate a licensed office in a […]

663.06 – Licenses; permissible activities.

663.06 Licenses; permissible activities.— (1)(a) An international banking corporation licensed to operate an office in this state may engage in the business authorized by this part at the office specified in such license for an indefinite period. (b) An international banking corporation may operate more than one licensed office, each at a different place of business, provided that […]

663.0601 – After-the-fact licensure process in the event of the acquisition, merger, or consolidation of international banking corporations.

663.0601 After-the-fact licensure process in the event of the acquisition, merger, or consolidation of international banking corporations.—If an international banking corporation proposes to acquire, merge, or consolidate with an international banking corporation that presently operates an international branch, international bank agency, international administrative office, or international representative office licensed in this state, the office may authorize […]

663.061 – International bank agencies; permissible activities.

663.061 International bank agencies; permissible activities.— (1) An international bank agency licensed under this part may make any loan, extension of credit, or investment which it could make if incorporated and operating as a bank organized under the laws of this state. An international bank agency may act as custodian and may furnish investment management, and investment […]