F.S. 663.064 Florida Statutes and Case Law

The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B)

Title XXXVIII
BANKS AND BANKING

Chapter 663
INTERNATIONAL BANKING

View Entire Chapter

663.064 International branches; permissible activities; requirements.—

(1) An international banking corporation that meets the requirements of ss. 658.26, 663.04, and 663.05 may, with the approval of the office, establish one or more branches in this state. The operations of an international branch shall be conducted pursuant to requirements determined by the office as necessary to ensure compliance with the provisions of the financial institutions codes, including requirements for the maintenance of accounts and records separate from those of the international banking corporation of which it is a branch.

(2) An international branch has the same rights and privileges as a federally licensed international branch. The permissible deposits of an international branch must be determined in accordance with rules adopted by the commission. In adopting such rules, the commission shall consider the similar deposit-taking authority of a federally licensed international branch and the need to provide reasonably consistent regulatory requirements for international banking corporations doing business in this state.

(3) An international branch licensed by the office may engage in any activity permissible for an international bank agency, international administrative office, or international representative office.

History.—s. 160, ch. 92-303; s. 1821, ch. 2003-261; s. 11, ch. 2010-9; s. 15, ch. 2017-83.

Statutes updated from Official Statutes on: March 07, 2023

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F.S. 663.064 on Casetext

Amendments to 663.064

Arrestable Offenses / Crimes under Fla. Stat. 663.064

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 663.064.

Civil Citations / Citable Offenses under S663.064

R or S next to points is Mandatory Revocation or Suspension

Current data shows no reason a civil citation or a suspension or revocation of license should have been issued under Florida Statute 663.064.

The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B)

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