Fin. Code, § 6553 · Article 2. Branching and Agency Powers
Fin. Code, § 6553
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Each application for approval of the establishment and maintenance of a branch office or one or more agencies shall include the following:
(1) The proposed location of the branch or agency.
(2) The functions to be performed at the branch or agency.
(3) Any additional information the commissioner deems necessary to reach a decision.
(b) Each application shall be accompanied by the filing fee as prescribed pursuant to Section 9001 and by a budget of the association for the current earnings period and for the next succeeding annual period, which reflects the estimated additional expense of the maintenance of each branch or agency covered by the application.
Notes and commentary — not statutory text
History
Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.
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§ionNum=6553.
- Text hash
- sha256 0e8eba561ce0f62d3439eeb8497f9d9581ff84a7ffe9817e55451618c3bde06c
- 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
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Financial Code
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