§ 16101. — 16101. (Added by Stats. 2000, Ch. 612, Sec. 3.)

California § 16101.

• Jurisdiction: California
• Code FIN: Financial Code - FIN
• Div. 5.: DIVISION 5. CREDIT UNIONS
• Ch. 11.: CHAPTER 11. Foreign (Other State) Credit Unions
• Art. 6.: ARTICLE 6. Conduct of Credit Union Business

Text

(a)
The following provisions of this division apply to a foreign (other state) credit union that maintains a California branch office or California facility with respect to its business in this state as if the foreign (other state) credit union were a credit union organized under the laws of this state:
(1)
Section 14203.
(2)
Section 14204.
(3)
Section 14208.
(4)
Section 14210.
(5)
Section 14256.
(6)
Section 14409.
(7)
Section 14409.2.
(8)
Section 14602.
(9)
Section 14652.5.
(10)
Section 14655, to the extent promissory notes of the type described in this section are carried on the books of a branch office of a foreign (other state) credit union.
(11)
Section 14656, to the extent promissory notes of the type described in this section are carried on the books of a branch office of a foreign (other state) credit union.
(12)
Article 8 (commencing with Section 14750) of Chapter 4.
(13)
Article 1 (commencing with Section 14850) of Chapter 6.
(14)
Article 1 (commencing with Section 14950) of Chapter 7.
(15)
Article 2 (commencing with Section 15001) of Chapter 7.
(16)
Article 3 (commencing with Section 15050) of Chapter 7, to the extent loans of the type described in that article are carried on the books of a branch office of a foreign (other state) credit union.
(17)
Section 15102.
(b)
The laws of this state that are applicable to the activities, operations, and transactions of
credit unions organized under the laws of this state, other than the laws in this division, similarly shall apply to the activities, operations, and transactions of a foreign (other state) credit union in this state. Those laws include, but are not limited to, consumer protection laws and laws relating to creditor rights and remedies, mortgages and deeds of trust, bank deposits and collections, and negotiable instruments.

Legislative History

Added by Stats. 2000, Ch. 612, Sec. 3. Effective January 1, 2001.