(a) The application for a license to establish and maintain a West Virginia representative office shall be in writing under oath and shall be in such form and contain such information as the commissioner may require by regulation or order. The application shall be accompanied by a fee of $250.
(b) Each application to establish and maintain a West Virginia representative office shall include an instrument irrevocably appointing the West Virginia Secretary of State or his or her successors in office to be such foreign bank's agent, representative and attorney to receive service of any lawful judicial and administrative process.
Structure West Virginia Code
Chapter 31A. Banks and Banking
Article 8F. The West Virginia International Banking Act
§31A-8F-1. Legislative Purpose
§31A-8F-3. General Regulation Authority; Language; u.s. General Accounting Principles
§31A-8F-5. Branches by Domestic Subsidiary Banks Owned by a Foreign Bank
§31A-8F-6. Authority of Affiliated Bank or Branch to Act as Agent for a Foreign Bank
§31A-8F-7. Direct Agency Offices of Foreign Banks; Necessity of Licensure
§31A-8F-8. Application to Establish and Maintain an Agency Office; Contents
§31A-8F-10. No Concurrent Maintenance of Federal Branches or Agencies
§31A-8F-11. Powers of a Foreign Bank Agency Office
§31A-8F-12. Representative Office of Foreign Banks; Necessity of Licensure
§31A-8F-13. Representative Office; Application
§31A-8F-14. Representative Office; Factors for Approval of Application
§31A-8F-15. Representative Office; Permissible Activities
§31A-8F-16. Posting of License
§31A-8F-17. Licenses Not Transferable
§31A-8F-19. Change of Control of Foreign Bank
§31A-8F-20. Relocation of Office; Written Notice Necessary
§31A-8F-21. Examination; Payment of Fees
§31A-8F-22. Supervision and Enforcement
§31A-8F-24. Confidentiality of Examination Reports
§31A-8F-25. Books, Accounts and Records
§31A-8F-27. Disclosure of Lack of Federal Deposit Insurance
§31A-8F-28. Capital Equivalency Deposit
§31A-8F-29. Voluntary Closure of Agency or Representative Office; Application