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Section 16601 Of Article 6. Conduct Of Credit Union Business From California Financial Code >> Division 5. >> Chapter 12. >> Article 6.
16601
. (a) A foreign (other nation) credit union may not expand its
field of membership in this state without first obtaining the
commissioner's approval.
(b) An application for the commissioner's approval of an expansion of the field of membership in this state by a foreign (other nation) credit union shall be in the form and contain the information as may be specified, by order or regulation, by the commissioner.
(b) An application for the commissioner's approval of an expansion of the field of membership in this state by a foreign (other nation) credit union shall be in the form and contain the information as may be specified, by order or regulation, by the commissioner.
