(a) Subject to regulations issued by the commissioner, an association may own and use or participate in the use or ownership and use of remote service units.
(b) A remote service unit is not a branch or agency.
General Powers
Known as the Savings Association Law
The act spans §§ 5000–10009 (387 sections).
Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.
(a) Subject to regulations issued by the commissioner, an association may own and use or participate in the use or ownership and use of remote service units.
(b) A remote service unit is not a branch or agency.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.