Florida Statutes 663.063 – International administrative offices
Current as of: 2023 | Check for updates
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(1) Subject to the provisions of this part, any international banking corporation may establish offices in this state for the purposes of:
(a) Administering personnel and operations;
Terms Used In Florida Statutes 663.063
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- International representative office: means an office of an international banking corporation organized and licensed under the laws of a foreign country that is established or maintained in this state for the purpose of engaging in the activities described in…. See Florida Statutes 663.01
(b) Engaging in data processing or recordkeeping activities; and
(c) Negotiating, approving, or servicing loans or extensions of credit and investments.
(2) An office established pursuant to this section may engage only in those activities set forth in subsection (1) and the activities permissible for an international representative office pursuant to s. 663.062.