California Financial Code ARTICLE 1 - General Provisions

• Section 16000.
  This chapter may be cited as the “Foreign (Other State) Credit Union Law.”(Added by Stats. 2000, Ch. 612, Sec. 3. Effective January 1, 2001.)
• Section 16001.
  In this chapter:(a) “Branch business” means the business of issuing share accounts, certificates for funds, and share drafts, receiving deposits, paying checks, making loans and other...
• Section 16002.
  Nothing in this chapter shall be deemed to authorize a foreign (other nation) credit union to transact business in this state.(Added by Stats. 2000, Ch....
• Section 16003.
  No foreign (other state) credit union may establish or maintain a California branch office or California facility unless it is qualified to transact intrastate business...
• Section 16004.
  No foreign (other state) credit union may establish a California branch office or California facility unless its deposit or share accounts are insured by the...
• Section 16005.
  Each application filed with the commissioner under this chapter or under any regulation or order issued under this chapter shall be in the form, shall...
• Section 16006.
  Fees shall be paid to and collected by the commissioner as follows:(a) The fee for an application by a foreign (other state) credit union that is...
• Section 16007.
  (a) Not less than 30 days before a foreign (other state) credit union establishes a California branch office or a California facility, the foreign (other state)...
• Section 16008.
  In administering the provisions of this chapter, the commissioner may share information with federal and home state regulators of foreign (other state) credit unions.(Added by...
• Section 16009.
  A foreign (other state) credit union that is licensed to establish an office shall post at a conspicuous place at the office a notice to...
• Section 16010.
  No license shall be transferable or assignable.(Added by Stats. 2000, Ch. 612, Sec. 3. Effective January 1, 2001.)
• Section 16011.
  Whenever a foreign (other state) credit union is licensed to establish more than one office, it shall designate one of its offices as its primary...
• Section 16012.
  Each foreign (other state) credit union that is licensed to establish an office shall conduct all of the business of the office in a single...
• Section 16013.
  Whenever any provision of this chapter or of any regulation or order issued under this chapter which is applicable to or with respect to a...

Last modified: October 22, 2018