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DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 11. Foreign (Other State) Credit Unions 16000-16206›ARTICLE 1. General Provisions 16000-16013

§ 16004

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

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.

(Added by Stats. 2000, Ch. 612, Sec. 3. Effective January 1, 2001.)

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California Financial Code

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