(1) Subject to the provisions of this part, any international banking corporation may establish offices in this state for the purposes of:
(a) Administering personnel and operations;
(b) Engaging in data processing or recordkeeping activities; and
(c) Negotiating, approving, or servicing loans or extensions of credit and investments.
(2) An office established pursuant to this section may engage only in those activities set forth in subsection (1) and the activities permissible for an international representative office pursuant to s. 663.062.
History.—s. 10, ch. 83-129; s. 1, ch. 91-307; ss. 1, 159, ch. 92-303; s. 14, ch. 2017-83.
Structure Florida Statutes
Title XXXVIII - Banks and Banking
Chapter 663 - International Banking
Part I - International Banking Corporations (Ss. 663.001-663.181)
663.02 - Applicability of the financial institutions codes.
663.021 - Civil action subpoena enforcement.
663.03 - Applicability of the Florida Business Corporation Act.
663.04 - Requirements for carrying on financial institution business.
663.05 - Application for license; approval or disapproval.
663.055 - Capital requirements.
663.06 - Licenses; permissible activities.
663.061 - International bank agencies; permissible activities.
663.062 - International representative offices; permissible activities.
663.063 - International administrative offices.
663.064 - International branches; permissible activities; requirements.
663.065 - State-chartered investment companies; formation; permissible activities; restrictions.
663.07 - Asset maintenance or capital equivalency.
663.08 - Certification of capital accounts.
663.10 - Conversion of license.
663.11 - Termination of international banking corporation’s charter or authority.
663.12 - Fees; assessments; fines.
663.13 - Rules; exemption from statement of estimated regulatory costs requirements.
663.14 - Foreign travel expenses.
663.16 - Definitions; ss. 663.17-663.181.
663.171 - Liquidation; repudiation of contracts.
663.172 - Liability on repudiation or termination of contracts.
663.173 - Qualified financial contract; net obligation and net entitlement.
663.174 - Repudiation; lease, lessee, or lessor; real or personal property.
663.175 - Liquidation; continuation, stay, and injunction.
663.176 - Liquidation; notice of possession.
663.178 - Claims; valuation; priority; listing; filing; objection; endorsement; adverse interest.
663.181 - Manner and time within which taking possession may be tested.