Separate corporate entities affiliated either with a U.S.bank or with a foreign bank operating in the U.S.that can cross state lines,but must devote the majority of their accounts to international activities are known as:

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Edge Act corporations are separate entities affiliated with a U.S. bank or a foreign bank operating in the U.S. These entities are allowed to cross state lines, but they must devote the majority of their accounts to international activities. Edge Act corporations are named after Senator Walter Edge who introduced the Edge Act in 1919.

Separate Corporate Entities Affiliated Either with a U