Financial Code section 16551

No foreign (other nation) credit union shall be licensed to maintain a branch office or agency unless it is qualified to transact intrastate business in this state under Chapter 21 (commencing with Section 2100) of Division 1 of Title 1 of the Corporations Code, except as provided in Section 8910 of the Corporations Code.

Source: Section 16551, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=16551. (updated Jan. 1, 2001; accessed Jun. 9, 2025).

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Up to date

Verified:
Jun. 9, 2025

§ 16551’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_16551

Original Source: Section 16551, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=16551. (last accessed May 12, 2025).