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

§ 16012

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

Each foreign (other state) credit union that is licensed to establish an office shall conduct all of the business of the office in a single building or in adjoining buildings. However, with prior to notice to the commissioner, the foreign (other state) credit union may conduct part of the business of the office elsewhere in the same vicinity.

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

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California Financial Code

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