Section 208. Nondiscriminatory treatment of insured state banks and national banks

Notwithstanding any other laws of this state, a state bank, which  is  incorporated  in  another  state  and  whose deposits are insured by
  Federal Deposit Insurance Corporation, shall have the  same  protection,
  privileges  and  immunities,  including the right to sue, collect debts,
  realize on collateral security, enforce liens, claims  and  obligations,
  and  protect  its  property  in  this  state,  as  a national bank whose
  principal office is located in the same state as such  state  bank,  and
  such state bank and its shares, securities and evidences of indebtedness
  shall  enjoy the same privileges, protections and immunities as those of
  such a national bank  and  shall  not  be  subject  to  any  disability,
  incapacity,  restriction,  regulation,  penalty,  fee,  fine or taxation
  which is not imposed by this state in the case of such a national  bank,
  provided  however  that this section shall not apply with respect to any
  state bank and its shares,  securities  and  evidences  of  indebtedness
  unless  such  state  bank's  state  of  incorporation has a statute with
  provisions substantially similar to this section which is applicable  to
  a  state  bank  incorporated  in this state. As used in this section the
  term "state bank" shall mean any commercial bank or trust company.