§3102. Establishment of Federal branches and agencies by foreign bank — Inbound Citations
12 U.S.C. § 3102
Cited by 7 provisions in release 119-102.
Citations to 12 U.S.C. § 3102 as a whole
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(5) “Federal agency” means an agency of a foreign bank established and operating under section 3102 of this title;
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(6) “Federal branch” means a branch of a foreign bank established and operating under section 3102 of this title;
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(2) Each branch or agency of a foreign bank, other than a Federal branch or agency, shall be subject to section 335 of this title and the provision requiring the reports of condition contained in section 324 of this title to the same extent and in the same manner as if the branch or agency were a State member bank. In addition to any requirements imposed under section 3102 of this title, each Federal branch and agency shall be subject to section 248(a) of this title and to section 483 of this title to the same extent and in the same manner as if it were a member bank.
Citations to §3102(b)
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(2) A State branch or State agency shall be subject to the same limitations with respect to loans made to a single borrower as are applicable to a Federal branch or Federal agency under section 3102(b) of this title.
Citations to §3102(i)
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(5) The Board may transmit to the Comptroller of the Currency a recommendation that the license of any Federal branch or Federal agency of a foreign bank be terminated in accordance with section 3102(i) of this title if the Board has reasonable cause to believe that such foreign bank or any affiliate of such foreign bank has engaged in conduct for which the activities of any State branch or agency may be terminated under paragraph (1).
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(ii) the Comptroller of the Currency has issued an order under section 3102(i) of this title,
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(C) against which the Comptroller of the Currency has issued an order under section 3102(i) of this title,