A District state bank that is a subsidiary of a bank holding company may agree to receive deposits, renew time deposits, close loans, service loans, receive payments on loans and other obligations, and perform such other services as the Superintendent [Commissioner] may determine are appropriate, as an agent for a depository institution affiliate.
(June 13, 1996, D.C. Law 11-142, § 10, 43 DCR 2159.)
1981 Ed., § 26-859.
This section is referenced in § 26-735 and § 26-738.
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 7 - Interstate Banking and Branching
Subchapter II - Interstate Banking and Branching
§ 26–733. De novo branching or acquisition of a branch into a state other than the District
§ 26–734. Interstate branching by de novo entry or acquisition into the District
§ 26–735. Additional authority of Superintendent [Commissioner]
§ 26–736. Interstate merger transactions by a District state bank
§ 26–738. Additional authority of Superintendent [Commissioner]
§ 26–739. Establishment of agency agreements between affiliated depository institutions