§ 16601
68 words·~1 min read·
/ca/financial-code/16601A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A foreign (other nation) credit union may not expand its field of membership in this state without first obtaining the commissioner’s approval.
(b)An application for the commissioner’s approval of an expansion of the field of membership in this state by a foreign (other nation) credit union shall be in the form and contain the information as may be specified, by order or regulation, by the commissioner.