ARTICLE 1. General Provisions [16500. - 16512.]
Article 1 added by Stats. 2000, Ch. 612, Sec. 4.
§§ 16500–16512 · 13 sections
- § 16500 This chapter may be cited as the “Foreign (Other Nation) Credit Union Law.”
- § 16501 In this chapter: (a) “Agency,” when used with respect to a foreign (other nation) credit union, means an office in this state at which the foreign (other…
- § 16502 Nothing in this chapter shall apply to a foreign (other state) state credit union or be deemed to authorize a foreign (other state) state credit union to…
- § 16503 No foreign (other nation) credit union may establish a branch office unless its deposit or share accounts are insured by the National Credit Union…
- § 16504 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…
- § 16505 Fees shall be paid to and collected by the commissioner as follows: (a) The fee for filing with the commissioner an application by a foreign (other nation)…
- § 16506 (a) (1) No foreign (other nation) credit union shall be issued a license to maintain an office unless it shall have first filed with the commissioner, in the…
- § 16507 In administering the provisions of this chapter, the commissioner may share information with federal and home country regulators of foreign (other nation)…
- § 16508 No license shall be transferable or assignable.
- § 16509 A foreign (other nation) credit union that is licensed to establish an office shall post at a conspicuous place at the office a notice to the public which…
- § 16510 Whenever a foreign (other nation) credit union is licensed to establish more than one office, it shall designate one of its offices as its primary office.
- § 16511 Each foreign (other nation) credit union that is licensed to establish an office shall conduct all of the business of the office in a single building or in…
- § 16512 Whenever any provision of this chapter or of any regulation or order issued under this chapter that is applicable to or with respect to a foreign (other…