California Statutes
§ 16553. — 16553. (Added by Stats. 2000, Ch. 612, Sec. 4.)
California § 16553.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 5.DIVISION 5. CREDIT UNIONS
Ch. 12.CHAPTER 12. Foreign (Other Nation) Credit Unions
Art. 3.ARTICLE 3. Branch Offices and Agencies
This text of California § 16553. (16553. (Added by Stats. 2000, Ch. 612, Sec. 4.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 16553. (2026).
Text
The approval of an application for approval to establish a branch office or agency 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 branch office or agency.
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Legislative History
Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.
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Bluebook (online)
California § 16553., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/16553..