ARTICLE 1. General Provisions [16000. - 16013.]
Article 1 added by Stats. 2000, Ch. 612, Sec. 3.
§§ 16000–16013 · 14 sections
- § 16000 This chapter may be cited as the “Foreign (Other State) Credit Union Law.”
- § 16001 In this chapter: (a) “Branch business” means the business of issuing share accounts, certificates for funds, and share drafts, receiving deposits, paying…
- § 16002 Nothing in this chapter shall be deemed to authorize a foreign (other nation) credit union to transact business in this state.
- § 16003 No foreign (other state) credit union may establish or maintain a California branch office or California facility unless it is qualified to transact intrastate…
- § 16004 No foreign (other state) credit union may establish a California branch office or California facility unless its deposit or share accounts are insured by the…
- § 16005 Each application filed with the commissioner under this chapter or under any regulation or order issued under this chapter shall be in the form, shall contain…
- § 16006 Fees shall be paid to and collected by the commissioner as follows: (a) The fee for an application by a foreign (other state) credit union that is not licensed…
- § 16007 (a) Not less than 30 days before a foreign (other state) credit union establishes a California branch office or a California facility, the foreign (other…
- § 16008 In administering the provisions of this chapter, the commissioner may share information with federal and home state regulators of foreign (other state) credit…
- § 16009 A foreign (other state) credit union that is licensed to establish an office shall post at a conspicuous place at the office a notice to the public which…
- § 16010 No license shall be transferable or assignable.
- § 16011 Whenever a foreign (other state) credit union is licensed to establish more than one office, it shall designate one of its offices as its primary office.
- § 16012 Each foreign (other state) credit union that is licensed to establish an office shall conduct all of the business of the office in a single building or in…
- § 16013 Whenever any provision of this chapter or of any regulation or order issued under this chapter which is applicable to or with respect to a foreign (other…