§ 26-739. Establishment of agency agreements between affiliated depository institutions.

Current through October 23, 2012

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 may determine are appropriate, as an agent for a depository institution affiliate.

                
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(June 13, 1996, D.C. Law 11-142, § 10, 43 DCR 2159.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 26-859.

Legislative History of Laws

For legislative history of D.C. Law 11-142, see Historical and Statutory Notes following § 26-731.