California Code, FIN 16601.

California Code, FIN 16601.

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Financial Code - FIN

DIVISION 5. CREDIT UNIONS [14000 - 16906] Â Â ( Division 5 repealed and added by Stats. 1979, Ch. 112. ) Â Â CHAPTER 12. Foreign (Other Nation) Credit Unions [16500 - 16906] Â Â ( Heading of Chapter 12 renumbered from Chapter 11 by Stats. 2002, Ch. 734, Sec. 43. ) Â Â

ARTICLE 6. Conduct of Credit Union Business [16600 - 16607] Â Â ( Article 6 added by Stats. 2000, Ch. 612, Sec. 4. )

  16601.  (a) A foreign (other nation) credit union may not expand its field of membership in this state without first obtaining the commissioner’s approval. (b) An application for the commissioner’s approval of an expansion of the field of membership in this state by a foreign (other nation) credit union shall be in the form and contain the information as may be specified, by order or regulation, by the commissioner. (Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)