A foreign bank with an out-of-state branch or agency may, with the approval of the department:
(1) Establish a Georgia state branch or Georgia state agency;
(2) Acquire or merge with another foreign bank maintaining a Georgia state branch or Georgia state agency and after the acquisition or merger continue the operations as its own; or
(3) Acquire or establish a Georgia state branch or Georgia state agency through another means not inconsistent with 12 U.S.C. Section 3102 of the International Banking Act.