Section 487.15104 – Reports.
487.15104 Reports. Sec. 5104. A foreign bank operating a state agency or state foreign bank branch in this state shall, at the times and in the form prescribed by the commissioner, file with the commissioner reports written in the English language, showing the amount of its assets and liabilities and containing other information requested by […]
Section 487.15105 – Operations of Foreign Bank at State Foreign Bank Branch or State Agency.
487.15105 Operations of foreign bank at state foreign bank branch or state agency. Sec. 5105. (1) Except as otherwise provided in this act or other law of this state, operations of a foreign bank at a state foreign bank branch or state agency shall be conducted with the same rights and privileges and subject to […]
Section 487.15101 – State Agency or State Foreign Bank Branch; Establishment and Operation by State Foreign Bank Branch.
487.15101 State agency or state foreign bank branch; establishment and operation by state foreign bank branch. Sec. 5101. (1) With the written approval of the commissioner, a foreign bank may establish and operate a state agency or state foreign bank branch in this state if all of the following apply to the foreign bank: (a) […]
Section 487.15102 – Conversion of State Agency or State Foreign Bank Branch Into Federal Agency or Federal Branch.
487.15102 Conversion of state agency or state foreign bank branch into federal agency or federal branch. Sec. 5102. (1) A state agency or state foreign bank branch may be converted into a federal agency or federal branch under the international banking act of 1978. (2) A federal agency or federal branch located in this state […]
Section 487.15103 – Termination of Authority to Operate State Agency or State Foreign Bank Branch.
487.15103 Termination of authority to operate state agency or state foreign bank branch. Sec. 5103. Authority to operate a state agency, state foreign bank branch, or foreign bank representative office shall terminate upon dissolution of the foreign bank, or the commissioner’s revocation of the foreign bank’s authority to operate in this state. Upon termination of […]