California Financial Code ARTICLE 2 - Branching and Agency Powers

  • Section 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,...
  • Section 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...
  • Section 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 agencies...
  • Section 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 location of...
  • Section 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....
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 6558.
    The commissioner may adopt rules and regulations relating to any action pertaining to branch offices and agencies regulated by this article.(Repealed and added by Stats....

Last modified: October 22, 2018