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DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 12. Foreign (Other Nation) Credit Unions 16500-16906›ARTICLE 1. General Provisions 16500-16512

§ 16503

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

No foreign (other nation) credit union may establish a branch office unless its deposit or share accounts are insured by the National Credit Union Administration or other insurer that is not unsatisfactory to the commissioner.

(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)

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