§ 604a.
Regulations authorizing exercise by foreign branches of usual powers of local banks; restrictions
Regulations issued by the Board of Governors of the Federal Reserve System under this subchapter, in addition to regulating powers which a foreign branch may exercise under other provisions of law, may authorize such a foreign branch, subject to such conditions and requirements as such regulations may prescribe, to exercise such further powers as may be usual in connection with the transaction of the business of banki
([Dec. 23, 1913, ch. 6, § 25] (par.), as added [Pub. L. 87–588], Aug. 15, 1962, [76 Stat. 388].)