Cal. Fin. Code § 16528

Current through the 2023 Legislative Session.
Section 16528 - Restrictions on transaction of business

A foreign (other nation) credit union that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept share accounts or deposits or otherwise transact business at the office.

Ca. Fin. Code § 16528

Added by Stats 2000 ch 612 (SB 1472), s 4, eff. 1/1/2000.