2015 West Virginia Code
CHAPTER 31A. BANKS AND BANKING
ARTICLE 8F. THE WEST VIRGINIA INTERNATIONAL BANKING ACT.
§31A-8F-12. Representative office of foreign banks; necessity of licensure.
(a) No foreign bank shall establish or maintain a West Virginia state representative office unless the foreign bank is licensed by the commissioner to maintain a West Virginia representative office.
(b) Nothing in subsection (a) of this section shall be deemed to prohibit a foreign bank which maintains a federal agency or federal branch in this state from establishing or maintaining one or more West Virginia representative offices.
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