81-7-9 - Capital requirements for branch banking system.
§ 81-7-9. Capital requirements for branch banking system.
All parent banks permitted to establish branch banks shall have capital sufficient to meet the requirements of the commissioner and/or other supervising federal regulatory agencies.
Sources: Codes, 1942, § 5230; Laws, 1934, ch. 146; Laws, 1994, ch. 320, § 9, eff from and after July 1, 1994.