§ 10001
72 words·~1 min read·
/ca/financial-code/10001A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)No person, other than a California savings association or other person authorized by this division, shall do any business of an association.
(b)No foreign savings association may control a California savings association.
(c)No foreign holding company may control a California savings association.
(d)The commissioner shall obtain an injunction or take other action necessary to prevent any person from unlawfully doing any business of an association in this state.