Restrictions on federally chartered banks apply to state chartered banks.

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51A-2-14.2. Restrictions on federally chartered banks apply to state chartered banks.

The restrictions, limitations, and requirements applicable to specific powers or authorities of federally chartered banks apply to state banks exercising those powers or authorities permitted under §51A-2-14.1 but only insofar as the restrictions, limitations, and requirements relate to exercising the powers or authorities granted banks solely under §51A-2-14.1.

Source: SL 1999, ch 233, §2.


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