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§ 16503 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Fin Code/
  5. Division 5 - Credit Unions/
  6. Chapter 12 - Foreign (Other Nation) Credit Unions/
  7. Article 1 - General Provisions/
  8. § 16503
California Legal Code

§ 16503

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16503. 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.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)

Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=5.&title=&part=&chapter=12.&article=1.· Version 2026