Section 17:12B-24.2 - Powers of out-of-State, State associationa. An out-of-State association that opens, occupies or maintains a branch office in this State shall have in this State only the powers a State association has in this State.b. A State association that owns, occupies or maintains a branch office outside this State shall have in that state such additional powers as permitted to associations chartered in the state in which the branch is located.