§ 104.604. Establishment or Acquisition of Additional Offices; Change in Location or Designation.  


Latest version.
  • A foreign savings association which has been issued a certificate of authority shall not, without the prior written consent of the Commissioner:
    (a) Establish or acquire any office in California;
    (b) Change the location or designation of any office in California;
    (c) Acquire the assets or savings account liabilities of another financial institution in California.
HISTORY
1. New section filed 7-1-87; operative 7-1-87 pursuant to Government Code Section 11346.2(d) (Register 87, No. 28).

Note

Note: Authority cited: Sections 8053 and 10012, Financial Code. Reference: Sections 5654 and 10012, Financial Code.