CMAP 711202 Road Transport Moving Services
CMAP 711203 Other Services of Specialized Cargo Transportation
CMAP 711318 School and Tourist Transportation Services (limited to Tourist Transportation Services)
LEGAL CITATION: Federal regulations will be established in relation to leasing and rental operations.
DESCRIPTION: An enterprise authorized in Mexico to provide bus or truck transportation services may use equipment of its own, leased vehicles with option to purchase (financial leasing), leased vehicles (operational leasing), or short-term rental vehicles. ANNEX VII PART A Schedule of the United States
TYPE OF RESERVATION: Article 1409 (Staffing)
MEASURE: U.S. citizenship requirements for chief executive officers of national banks not affiliated or owned by foreign banks
LEGAL CITATION: The National Bank Act, 12 U.S.C. 72.
DESCRIPTION: All directors of a national bank must be citizens of the United States. Because it is also required that chief executive officers of all national banks be directors, a chief executive officer of a national bank must be a citizen of the United States. An exception from these requirements exists for national banks affiliated or owned by foreign banks. Such banks are only required to have citizens constitute a simple majority of the directors and need not employ citizens as chief executive officers.
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ANNEX VII PART A Schedule of the United States
TYPE OF RESERVATION: Article 1409 (Staffing)
MEASURE: Residency requirements on boards of directors of national banks
LEGAL CITATION: The National Bank Act, 12 U.S.C. 72.
DESCRIPTION: Two-thirds of the directors of a national bank must have (i) resided for one year prior to their election, and (ii) continue to reside, in the state in which the bank is located or within 100 miles of the national bank.
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ANNEX VII PART A Schedule of the United States
TYPE OF RESERVATION: Article 1407 (National Treatment)
MEASURE: Limitations on acquisition of interests in banks on an interstate basis
LEGAL CITATION: Bank Holding Company Act of 1956, as amended, 12 U.S.C. 1842(d); International Banking Act of 1978, as amended, 12 U.S.C. 3103(a)(5).