District Of Columbia § 26-631 - Definitions.
Full text of District Of Columbia D.C. Code § 26-631 — Definitions., with citation guidance and answers to common questions.
§ 26-631. Definitions.
26-631For the purposes of this chapter, the term:
“Banking business” means activities and transactions involving banking, including receiving deposits, paying checks, lending money, and any activity which is determined by the Commissioner to be incidental to the business of banking.
“Commissioner” shall have the same meaning as set forth in .
“Department” shall have the same meaning as set forth in .
“District of Columbia Banking Code” means the statutory provisions concerning banking and financial institutions which are codified in Title 26 of the District of Columbia Official Code, any law administered by the Commissioner, and rules and regulations promulgated under those statutory provisions and laws.
“Edge Act” means the Federal Reserve Act, approved December 23, 1913 (38 Stat. 351; 12 U.S.C. § 221 et seq.).
“Federal agency” means an agency of an international banking corporation established and operating under the Federal International Act.
“Federal branch” means a branch of an international banking corporation established and operating under the Federal International Act.
“Federal International Act” means the International Banking Act of 1978, approved September 17, 1978 (92 Stat. 607; 12 U.S.C. § 3101 et seq.).
“Federal international bank office” means a branch or agency of an international banking corporation established and operating under the Federal International “ct.
“Foreign country” means a country other than the United States, including a dependency or possession of such country, and any territory of the United States, including Guam, American Samoa, the Virgin Islands, and the Commonwealth of Puerto Rico.
“International agency” means an office located in the District of Columbia, other than a federal international bank office, which exercises powers, as set forth in , on behalf of an international banking corporation.
“International banking corporation” means a banking corporation organized and licensed under the laws of a foreign country. The term “international banking corporation” shall include an international commercial bank, foreign merchant bank, foreign mortgage bank, or other foreign institution that engages in banking activities in connection with the business of banking in the country where the foreign institution is organized or operating.
“International banking corporation office” means, unless otherwise specified, an office established in the District of Columbia under this chapter.
“International branch” means an office located in the District of Columbia, other than a federal international bank office, which exercises powers, as set forth in , on behalf of an international banking corporation.
“International financing corporation” means a corporation organized under the laws of the District of Columbia for the purpose of engaging in the activities described in .
“International representative office” means:
An office of an international banking corporation that is established or maintained in the District of Columbia for the purpose of engaging in the activities described in ; or
A person whose primary business is to engage in such activities, on behalf of an international banking corporation, from an office located in the District of Columbia.
“Representative” means a person or entity located in an office in the District of Columbia that engages in any activity in the District of Columbia for or on behalf of an international banking corporation, which activity is not otherwise prohibited by law.
“State” means a state of the United States or the District of Columbia.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 26-631
What does D.C. Code § 26-631 cover?
Section 26-631 ("Definitions.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 26-631?
A common citation format is "D.C. Code § 26-631" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 26-631 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.