Florida Statutes 663.317 – Foreign currency lending, borrowing, and deposits
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 663.317
- International development bank: means a corporation established for the purpose of promoting development in foreign countries by directly or indirectly making funding available to foreign business enterprises or foreign governments or by providing financing in connection with import-export transactions. See Florida Statutes 663.301
An international development bank may make loans and other extensions of credit denominated in foreign currencies and may borrow funds and accept deposits denominated in foreign currencies.