Section 6550 Of Article 2. Branching And Agency Powers From California Financial Code >> Division 2. >> Chapter 4. >> Article 2.
6550
. (a) A branch office is a legally established place of
business of an association other than the home office, a remote
service unit, or any agency, authorized by the board of directors and
approved by the commissioner, where the business of an association
may be conducted.
(b) An association may, with the approval of the commissioner,
conduct business outside this state, subject to the laws of the state
in which the business is done.