§ 17-9a-426

17:9A-426. Prohibition on concurrent establishment of federal and State branch office 45. a. No foreign bank which is licensed to establish an agency or branch office shall concurrently establish a federal agency or federal branch in this State. b. No foreign bank which establishes a federal agency or federal branch in this State shall concurrently be licensed to establish an agency or branch office in this State. L.1996,c.17,s.45.