Section 6551 Of Article 2. Branching And Agency Powers From California Financial Code >> Division 2. >> Chapter 4. >> Article 2.
6551
. (a) An agency of an association is a place or facility,
stationary or mobile, other than the home office, a remote service
unit, or a branch office, at or through which the association may
transact business that is specified by the board of directors and
approved by the commissioner.
(b) The agency may perform other special duties and functions as
may be directed from time to time by the home office or a branch
office and approved by the commissioner.
(c) An agency may perform only those activities, duties, or
functions as are authorized for savings associations by the
provisions of this division or regulations of the commissioner.