Upon the issuance of a certificate of authority by the Commissioner, the foreign banking corporation may, subject to this Act, establish and maintain a banking office and may conduct thereat a general banking business.

A certificate of authority issued under this Act authorizing a foreign banking corporation to transact business at the banking office designated shall remain in effect until surrendered or revoked.

(from Ch. 17, par. 2713)

(Source: P.A. 89-208, eff. 6-1-97; 89-508, eff. 7-3-96.)