В§ ۱۳.۶۴. Impermissible tasks.
A restricted purpose banking workplace of a banking organization may well not:
(۱) Make last company choices, apart from choices regarding the premises or workers associated with the restricted function banking workplace, for the account associated with the banking organization it represents, including contracting for or accepting any deposit or deposit-like liabilities on behalf of the banking organization.
(۲) Disburse loan funds, transmit funds, post loan repayments or perhaps accountable for making the last choices to accept loans.
(۳) with regards to a banking organization which possesses fiduciary abilities under its guidelines of incorporation, a purpose that is limited workplace of these a banking organization may well not do some of the following: make final choices regarding fiduciary account applications such as for instance accepting fiduciary or other trust records, accept deposits for fiduciary or other trust reports or administer fiduciary reports. In addition, a banking that is non-pennsylvania shall continue steadily to match the reciprocity along with other needs imposed because of the Department under part 106(b) of this work (7 P. S. В§ ۱۰۶(b)) to do something being a fiduciary in this Commonwealth.
This area cited in 10 Pa. Code В§ ۱۳.۶۱ (associated with definitions); 10 Pa. Code В§ ۱۳.۶۲ (concerning application); 10 Pa. Code В§ ۱۳.۶۳ (associated with permissible tasks); 10 payday loans without bank account in Chelsea MA Pa. Code В§ ۱۳.۶۵ (associated with information needed); 10 Pa. Code В§ ۱۳.۶۶ (associated with designation being a restricted function banking workplace); and 10 Pa.