{"code":"FIN","codeName":"Financial Code","section":"10001","citation":"Fin. Code, § 10001","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","url":"https://blackletter.si/financial-code/division-2"},{"name":"CHAPTER 10. Foreign (National) Savings Companies [10000. - 10009.]","url":"https://blackletter.si/financial-code/division-2/chapter-10"}],"history":"Added by Stats. 1987, Ch. 1162, Sec. 19.   Effective September 26, 1987.   Section operative January 1, 1991, pursuant to Section 10009.","effective":"1987-09-26","html":"<p>(a) No person, other than a California savings association or other person authorized by this division, shall do any business of an association.</p><p>(b) No foreign savings association may control a California savings association.</p><p>(c) No foreign holding company may control a California savings association. </p><p>(d) The commissioner shall obtain an injunction or take other action necessary to prevent any person from unlawfully doing any business of an association in this state.</p>","text":"(a) No person, other than a California savings association or other person authorized by this division, shall do any business of an association. (b) No foreign savings association may control a California savings association. (c) No foreign holding company may control a California savings association. (d) The commissioner shall obtain an injunction or take other action necessary to prevent any person from unlawfully doing any business of an association in this state.","otherVersions":[],"url":"https://blackletter.si/financial-code/foreign-national-savings-companies-10001","source":"California Legislative Information bulk export (pubinfo)"}