ARTICLE 2. Establishment of a California Branch Office or California Facility

Article 2 added by Stats. 2000, Ch. 612, Sec. 3.

§§ 16020–16024 · 5 sections

• § 16020 (a) Except for the activities described in paragraph (2) of subdivision (c) of Section 16001, no foreign (other state) credit union shall transact business in…
• § 16021 (a) No foreign (other state) credit union shall establish or maintain a California branch office unless the commissioner shall have first approved its…
• § 16022 (a) If the commissioner finds all of the following with respect to an application by a foreign (other state) credit union for approval to establish a…
• § 16023 The approval of an application for approval to establish a California branch office shall be revoked by operation of law if the applicant foreign (other state)…
• § 16024 (a) Within 30 days of establishing a California facility, a foreign (other state) credit union shall notify the commissioner in writing of its intent to…