California Statutes
§ 16530. — 16530. (Added by Stats. 2000, Ch. 612, Sec. 4.)
California·Code FIN Financial Code - FIN·Div. 5. DIVISION 5. CREDIT UNIONS·Ch. 12. CHAPTER 12. Foreign (Other Nation) Credit Unions·Art. 2. ARTICLE 2. Representative Offices
The approval of an application for approval to establish a representative office shall be revoked by operation of law if the applicant foreign (other nation) credit union does not establish and maintain the office within one year after the date of the approval, unless prior to the expiration of the one-year period the commissioner extends the time within which the foreign (other nation) credit union may establish the representative office.
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California § 16530. (16530. (Added by Stats. 2000, Ch. 612, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.