N.Y. Banking Law § 202-D Foreign Banking Corporation May Not Maintain Both Agencies and Branches In This State

LibraryNew York Statutes
Edition2023
CurrencyCurrent through 2023 NY Law Chapter 777
Year2023
CitationN.Y. Banking Law § 202-D

No foreign banking corporation licensed to maintain one or more agencies in this state shall be licensed to maintain a branch in this state except upon termination of the operation of such agency or agencies; and no foreign banking corporation licensed to maintain one or more branches in this state shall be licensed...

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