16511. Each foreign (other nation) credit union that is licensed to establish an office shall conduct all of the business of the office in a single building or in adjoining buildings. However, with the approval of the commissioner, the foreign (other nation) credit union may conduct part of the business of the office elsewhere in the same vicinity.
(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
Structure California Code