ARTICLE 2. Branching and Agency Powers

Article 2 added by Stats. 1983, Ch. 1091, Sec. 2.

§§ 6550–6558 · 9 sections

• § 6550 (a) A branch office is a legally established place of business of an association other than the home office, a remote service unit, or any agency, authorized…
• § 6551 (a) An agency of an association is a place or facility, stationary or mobile, other than the home office, a remote service unit, or a branch office, at or…
• § 6552 No association may establish or maintain a branch office or agency without the prior written approval of the commissioner, except that temporary and incidental…
• § 6553 (a) Each application for approval of the establishment and maintenance of a branch office or one or more agencies shall include the following: (1) The proposed…
• § 6554 Upon receipt of a complete application for a branch office, the commissioner shall give written notice of the filing of the application to each association.…
• § 6555 (a) Before acting on an application for a branch office, the commissioner may hold a hearing at a time and place specified in a notice of hearing. (b) If a…
• § 6556 (a) Upon review of the application for a branch office or agency and after a hearing on the branch application, if one is deemed necessary, the commissioner…
• § 6557 The provisions of this article relating to branch office and agency applications do not apply to a branch office or agency of an existing association acquired…
• § 6558 The commissioner may adopt rules and regulations relating to any action pertaining to branch offices and agencies regulated by this article.