Fin. Code, § 16503 · Article 1. General Provisions

Fin. Code, § 16503

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

No foreign (other nation) credit union may establish a branch office unless its deposit or share accounts are insured by the National Credit Union Administration or other insurer that is not unsatisfactory to the commissioner.

Notes and commentary — not statutory text

History

Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN&sectionNum=16503.
Text hash: sha256 b04dc7cb534bff8be7c40e6c1c10908e2cee3faa59568b81859ad3874add3f91
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 1 provision

Provisions in this library whose text cites Fin. Code, § 16503. Each shows the citation as that text prints it.

Financial Code

Fin. Code, § 450Printed as Section 14858, 16004, or 16503

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.