Statute · California Financial Code
Cal. Fin. Code § 16023 — Establishment of a California Branch Office or California Facility
Cal. Fin. Code § 16023
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2001-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The approval of an application for approval to establish a California branch office shall be revoked by operation of law if the applicant foreign (other state) credit union does not establish and maintain the California branch office within one year after the date of the approval, unless prior…
Citator
Cal. Fin. Code § 16023 — Establishment of a California Branch Office or California Facility is in force in the current edition of the Code, and nothing recorded condemns it.
The approval of an application for approval to establish a California branch office shall be revoked by operation of law if the applicant foreign (other state) credit union does not establish and maintain the California branch office within one year after the date of the approval, unless prior to the expiration of the one-year period the commissioner extends the time within which the foreign (other state) credit union may establish the California branch office.