reglab/housing_qa huggingface dataset:
CA Fin Code § 16505 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16505.

16505.  Fees shall be paid to and collected by the commissioner as follows:(a) The fee for filing with the commissioner an application by a foreign (other nation) credit union that is not licensed to transact business in this state for approval to establish a branch office shall be one thousand dollars ($1,000).(b) The fee for filing with the commissioner an application by a foreign (other nation) credit union that is not licensed to transact business in this state for approval to establish an agency shall be five hundred dollars ($500).(c) The fee for filing with the commissioner an application by a foreign (other nation) credit union that is licensed to transact business in this state for approval to establish a branch office shall be five hundred dollars ($500).(d) The fee for filing with the commissioner an application by a foreign (other nation) credit union that is licensed to transact business in this state for approval to establish an agency shall be two hundred fifty dollars ($250).(e) The fee for filing with the commissioner an application by a foreign (other nation) credit union for approval to establish a representative office shall be two hundred fifty dollars ($250).(f) The fee for filing with the commissioner an application by a foreign (other nation) credit union for approval to relocate or to close an office shall be one hundred fifty dollars ($150).(g) The fee for issuing a license shall be twenty-five dollars ($25).(h) Each foreign (other nation) credit union that on June 1 of any year maintains one or more offices shall pay, on or before the following July 1, a fee of two hundred fifty dollars ($250) per branch office, one hundred dollars ($100) per agency, and fifty dollars ($50) per representative office.(i) If the commissioner makes an examination in connection with a pending application, the foreign (other nation) credit union making the application shall pay a fee for the examination at the rate of seventy-five dollars ($75) per hour for each examiner engaged in the examination plus, if in the opinion of the commissioner it is necessary for any examiner engaged in the examination to travel outside this state, the travel expenses of the examiner.(j) If the commissioner makes an examination of a foreign (other nation) credit union that is licensed to maintain an office, the foreign (other nation) credit union shall pay a fee for the examination at the rate of seventy-five dollars ($75) per hour for each examiner engaged in the examination plus, if in the opinion of the commissioner it is necessary for any examiner engaged in the examination to travel outside this state, the travel expenses of the examiner.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16506 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16506.

16506.  (a) (1) No foreign (other nation) credit union shall be issued a license to maintain an office unless it shall have first filed with the commissioner, in the form that the commissioner may by regulation or order require, an appointment irrevocably appointing the commissioner and the commissioner’s successor from time to time in office to be the foreign (other nation) credit union’s attorney to receive service of any lawful process in any noncriminal judicial or administrative proceeding against the foreign (other nation) credit union or any of its successors that arises out of the activities in this state after the appointment has been filed, with the same force and validity as if served personally on the foreign (other nation) credit union or its successor, as the case may be.(2) Any foreign (other nation) credit union that maintains an office in this state and that has not filed with the commissioner an appointment pursuant to paragraph (1) shall be deemed by the maintenance of that office to have appointed the commissioner as its attorney to receive service of any lawful process in any noncriminal judicial or administrative proceeding against the foreign (other nation) credit union or any of its successors that arises out of the activities in this state with the same force and validity as if served personally on the foreign (other nation) credit union or its successor, as the case may be.(b) Service may be made on a foreign (other nation) credit union that has appointed or is deemed to have appointed the commissioner as its attorney for service of process by leaving a copy of the process at any office of the commissioner. However, the service is not effective unless (1) the party making the service, who may be the commissioner, forthwith sends notice of the service and a copy of the process by registered or certified mail to the foreign (other nation) credit union served at its last address on file with the commissioner at any of its offices in this state or at its head office, and (2) an affidavit of compliance with this subdivision by the party making service is filed in the case on or before the return date, if any, or within any further time that the court, in the case of a judicial proceeding, or the administrative agency, in the case of an administrative proceeding, allows.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16507 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16507.

16507.  In administering the provisions of this chapter, the commissioner may share information with federal and home country regulators of foreign (other nation) credit unions.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16508 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16508.

16508.  No license shall be transferable or assignable.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16509 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16509.

16509.  A foreign (other nation) credit union that is licensed to establish an office shall post at a conspicuous place at the office a notice to the public which states the name of the foreign (other nation) credit union, the type of office it is, and the foreign country under whose laws it was organized or chartered.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16510 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16510.

16510.  Whenever a foreign (other nation) credit union is licensed to establish more than one office, it shall designate one of its offices as its primary office.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16511 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16511.

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.)
CA Fin Code § 16512 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 1 - General Provisions|Section 16512.

16512.  Whenever any provision of this chapter or of any regulation or order issued under this chapter that is applicable to or with respect to a foreign (other nation) credit union that maintains a branch office or facility is inconsistent with any provision of any other chapter of this division, the former provision applies, and the latter provision does not apply.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16525 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 2 - Representative Offices|Section 16525.

16525.  (a) No foreign (other nation) credit union shall establish or maintain an office in this state at which it engages in representational functions unless it is licensed to maintain a representative office, agency, or branch office at that place.(b) (1) No person shall establish or maintain an office in this state as representative of a foreign (other nation) credit union unless the foreign (other nation) credit union is licensed to maintain the office as a representative office.(2) For purposes of this chapter, if any person establishes or maintains an office in this state as representative of a foreign (other nation) credit union, the foreign (other nation) credit union shall be deemed to establish and maintain the office as a representative office.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16526 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 2 - Representative Offices|Section 16526.

16526.  (a) No foreign (other nation) credit union shall establish or maintain a representative office unless the commissioner shall have first approved the establishment of the office and issued a license authorizing the foreign (other nation) credit union to maintain the office.(b) If the commissioner finds the following with respect to an application by a foreign (other nation) credit union for approval to establish a representative office, the commissioner shall approve the application:(1) That the foreign (other nation) credit union, the directors and executive officers of the foreign (other nation) credit union, and the proposed management of the office are each of good character and sound financial standing.(2) That the financial history and condition of the foreign (other nation) credit union are satisfactory.(3) That the management of the foreign (other nation) credit union and the proposed management of the office are adequate.(4) That it is reasonable to believe that, if licensed to maintain the office, the foreign (other nation) credit union will operate the office in compliance with all applicable laws, regulations, and orders.If the commissioner finds otherwise, the commissioner shall deny the application.(c) Whenever an application by a foreign (other nation) credit union for approval to establish a representative office has been approved and all conditions precedent to the issuance of a license authorizing the foreign (other nation) credit union to maintain the office have been fulfilled, the commissioner shall issue the license.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16527 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 2 - Representative Offices|Section 16527.

16527.  (a) No foreign (other nation) credit union that is licensed to maintain a representative office shall relocate the office unless the commissioner shall have first approved the relocation and issued a license authorizing the credit union to maintain the office at the new site.(b) (1) In case the new site of a representative office is in the same vicinity as the old site, the commissioner shall approve an application by a foreign (other nation) credit union for approval to relocate the representative office if the commissioner finds that the relocation of the office will not be substantially detrimental to the public convenience and advantage.(2) In case the new site of a representative office is not in the same vicinity as the old site, the commissioner shall approve an application by a foreign (other nation) credit union for approval to relocate the representative office if the commissioner finds both of the following:(i) The relocation of the office from the old site will not be substantially detrimental to the public convenience and advantage in the area that is primarily served by the office at the old site.(ii) The relocation of the office to the new site will promote the public convenience and advantage.If the commissioner does not make the findings required under either paragraph (1) or (2), the commissioner shall deny the application.(c) Whenever an application by a foreign (other nation) credit union for approval to relocate a representative office has been approved and all conditions precedent to the issuance of a license authorizing the foreign (other nation) credit union to maintain the office at the new site have been fulfilled, the commissioner shall issue the license.(d) Promptly after a foreign (other nation) credit union that is licensed to maintain a representative office relocates the office, the foreign (other nation) credit union shall surrender to the commissioner the license that authorized it to maintain the office at the old site.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16528 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 2 - Representative Offices|Section 16528.

16528.  A foreign (other nation) credit union that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept share accounts or deposits or otherwise transact business at the office.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16529 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 2 - Representative Offices|Section 16529.

16529.  (a) (1) No foreign (other nation) credit union that is licensed to maintain a representative office shall close the office unless the commissioner shall have first approved the closing.(2) Paragraph (1) shall not be deemed to prohibit a foreign (other nation) credit union that is licensed to maintain a representative office from closing the office in accordance with Article 8 (commencing with Section 16800).(b) If the commissioner finds, with respect to an application by a foreign (other nation) credit union for approval to close a representative office, that the closing of the office will not be substantially detrimental to the public convenience and advantage, the commissioner shall approve the application. If the commissioner finds otherwise, the commissioner shall deny the application.(c) Whenever an application by a foreign (other nation) credit union for approval to close a representative office has been approved and all conditions precedent to the closing have been fulfilled, the foreign (other nation) credit union may close the office and shall promptly thereafter surrender to the commissioner the license that authorized it to maintain the office.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16530 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 2 - Representative Offices|Section 16530.

16530.  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.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16550 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 3 - Branch Offices and Agencies|Section 16550.

16550.  (a) No foreign (other nation) credit union shall transact business in this state except at a branch office or agency that it is licensed to maintain and at which it is permitted by this chapter to transact the business transacted.(b) Subdivision (a) shall not be deemed to prohibit any of the following:(1) Any foreign (other nation) credit union from carrying on the activities described in subdivision (d) of Section 191 of the Corporations Code.(2) The advertising or solicitation of shares or deposits in this state by a foreign (other nation) credit union made through the media of the mail, radio, television, magazines, newspapers, the Internet, or similar media, provided that shares or deposits are not accepted or received in this state.(3) The acceptance of loan applications through agents in this state, provided the loan applications are approved or rejected, and the loans are funded, outside of this state.(c) For the purposes of subdivision (a), no foreign (other nation) credit union shall be deemed to be transacting business in this state merely because a majority-owned subsidiary transacts business in this state.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16551 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 3 - Branch Offices and Agencies|Section 16551.

16551.  No foreign (other nation) credit union shall be licensed to maintain a branch office or agency unless it is qualified to transact intrastate business in this state under Chapter 21 (commencing with Section 2100) of Division 1 of Title 1 of the Corporations Code, except as provided in Section 8910 of the Corporations Code.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16552 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 3 - Branch Offices and Agencies|Section 16552.

16552.  (a) No foreign (other nation) credit union shall establish or maintain a branch office or agency unless the commissioner shall have first approved its establishment and issued a license authorizing the foreign (other nation) credit union to maintain the branch office or agency.(b) If the commissioner finds all of the following with respect to an application by a foreign (other nation) credit union for approval to establish a branch office or agency, the commissioner shall approve the application:(1) That the foreign (other nation) credit union, the directors and officers of the foreign (other nation) credit union, and the proposed management of the office are each of good character and sound financial standing.(2) That the financial history and condition of the foreign (other nation) credit union are satisfactory.(3) That the management of the foreign (other nation) credit union and the proposed management of the office are adequate.(4) That it is reasonable to believe that, if licensed to maintain the office, the foreign (other nation) credit union will operate the office in a safe and sound manner and in compliance with all applicable laws, regulations, and orders.(5) That the foreign (other nation) credit union’s plan to establish and to maintain the office affords reasonable promise of successful operation.(6) That the foreign (other nation) credit union’s establishment and maintenance of the office will promote the public convenience and advantage, and is necessary or convenient to meet the needs of the foreign (other nation) credit union’s members.(7) Not more than 50 percent of the members of the foreign (other nation) credit union are or will be residents of this state.If the commissioner finds otherwise, the commissioner shall deny the application.(c) Whenever an application by a foreign (other nation) credit union for approval to establish a branch office or agency has been approved and all conditions precedent to the issuance of a license authorizing the foreign (other nation) credit union to maintain the branch office or agency have been fulfilled, the commissioner shall issue the license.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16553 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 3 - Branch Offices and Agencies|Section 16553.

16553.  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.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)
CA Fin Code § 16554 (2021)
2021 California Code|Financial Code - FIN|DIVISION 5 - CREDIT UNIONS|CHAPTER 12 - Foreign (Other Nation) Credit Unions|ARTICLE 3 - Branch Offices and Agencies|Section 16554.

16554.  (a) No foreign (other nation) credit union which is licensed to maintain a branch office or agency shall relocate the office unless the commissioner shall have first approved the relocation and issued a license authorizing the foreign (other nation) credit union to maintain the office at the new site.(b) (1) In case the new site of the office is in the same vicinity as the old site, the commissioner shall approve an application by a foreign (other nation) credit union for approval to relocate a branch office or agency if the commissioner finds all of the following:(A) That it will not be unsafe or unsound for the foreign (other nation) credit union to relocate the office.(B) That the relocation of the office will not be substantially detrimental to the public convenience and advantage, or that the relocation is necessary in the interests of the safety and soundness of the foreign (other nation) credit union.(2) In case the new site of the office is not in the same vicinity as the old site, the commissioner shall approve an application by a foreign (other nation) credit union for approval to relocate a branch office or agency if the commissioner finds all of the following:(A) That the foreign (other nation) credit union’s plan to relocate the office and to maintain the office at the new site affords reasonable promise of successful operation.(B) That the relocation of the office from the old site will not be substantially detrimental to the public convenience and advantage in the area which is primarily served by the office at the old site, or that the relocation is necessary in the interests of the safety and soundness of the foreign (other nation) credit union.(C) That the relocation of the office to the new site will promote the public convenience and advantage.If the commissioner finds otherwise, the commissioner shall deny the application.(c) Whenever an application by a foreign (other nation) credit union for approval to relocate a branch office or agency has been approved and all conditions precedent to the issuance of a license authorizing the foreign (other nation) credit union to maintain the office at the new site have been fulfilled, the commissioner shall issue the license.(d) Promptly after a foreign (other nation) credit union that is licensed to maintain a branch office or agency relocates the office, the foreign (other nation) credit union shall surrender to the commissioner the license which authorized it to maintain the office at the old site.(Added by Stats. 2000, Ch. 612, Sec. 4. Effective January 1, 2001.)