Current through the 2023 Legislative Session.
Section 1761 - Concurrently licensed to maintain offices of different classes(a) No foreign (other nation) bank shall concurrently be licensed to maintain offices of different classes.(b) Subdivision (a) does not prohibit a foreign (other nation) bank that is licensed to maintain a representative office from being concurrently licensed to maintain an office of a different class or to prohibit a foreign (other nation) bank that is licensed to maintain an office other than a representative office from being concurrently licensed to maintain a representative office.Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.