Section 1760 Of Article 1. General Provisions From California Financial Code >> Division 1.1. >> Chapter 20. >> Article 1.

. (a) No foreign (other nation) bank which is licensed to maintain an agency or branch office shall concurrently maintain a federal agency or federal branch in this state.
  (b) No foreign (other nation) bank which maintains a federal agency or federal branch in this state shall concurrently be licensed to maintain an agency or branch office in this state.