Within 10 days of relocating a California branch office or California facility, a foreign (other state) credit union shall file a report with the commissioner which contains the information specified by the commissioner by regulation or order. The foreign (other state) credit union shall not conduct business at the new location of the California branch office or California facility without a license issued by the commissioner for the new location.
Cal. Fin. Code § 16075
Relocation or Discontinuance of California Branch Office or California Facility
Known as the California Credit Union Law
The act spans §§ 14000–16906 (329 sections).
Added by Stats. 2000, Ch. 612, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.