§ 6550
74 words·~1 min read·
/ca/financial-code/6550A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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, authorized by the board of directors and approved by the commissioner, where the business of an association may be conducted.
(b)An association may, with the approval of the commissioner, conduct business outside this state, subject to the laws of the state in which the business is done.