Statute · California Financial Code

Cal. Fin. Code § 16004 — General Provisions

Cal. Fin. Code § 16004

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2001-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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 National Credit Union Administration or other insurer that is not unsatisfactory to the commissioner.

Citator

Cal. Fin. Code § 16004 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

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 National Credit Union Administration or other insurer that is not unsatisfactory to the commissioner.