BlackletterCalifornia law

Financial Code § 16528

ARTICLE 2. Representative Offices

Current as of September 28, 2026Fin. Code, § 16528Official source ↗

Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.

A foreign (other nation) credit union that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept share accounts or deposits or otherwise transact business at the office.