Pennsylvania Code
Title 10 - BANKING AND SECURITIES
Part II - Bureau of Banks
Chapter 13 - LOANS
EXCEPTION TO DEFINITION OF "BRANCH"-STATEMENT OF POLICY
Section 13.62 - Application

Universal Citation: 10 PA Code ยง 13.62
Current through Register Vol. 54, No. 12, March 23, 2024

Sections 13.61, 13.63-13.68 and this section address limited purpose banking offices located in this Commonwealth which are established by Commonwealth and non-Pennsylvania banking institutions, as defined in § 13.61 (relating to definitions). In addition, these sections address Pennsylvania banking institutions locating limited purpose banking offices in other states. The establishment and maintenance of a limited purpose banking office located in this Commonwealth by a non-Pennsylvania banking institution and the establishment in another state of a limited purpose banking office by a Pennsylvania banking institution may not be in violation of, or otherwise contrary to, the laws of the other relevant state.

This section cited in 10 Pa. Code § 13.61 (relating to definitions); 10 Pa. Code § 13.63 (relating to permissible activities); 10 Pa. Code § 13.65 (relating to information required); 10 Pa. Code § 13.66 (relating to designation as a limited purpose banking office); and 10 Pa. Code § 13.67 (relating to authority of the Department).

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