(a) Banks, bank holding companies, credit unions, savings banks, financial services
loan companies, and mutual banks organized under the laws of the United States or
any state shall be exempt from the licensing and examination provisions of this chapter.
(b) An applicant or licensee may appoint an entity described in subsection (a) as
an authorized delegate.
(c) When submitting an application for a license pursuant to section 489D-9, or when submitting an annual report pursuant to section 489D-12, an applicant or licensee that appoints an entity described in subsection (a) as
an authorized delegate shall include that entity's name and the locations in this
State where that entity will conduct its authorized delegate activities.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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