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California Code, Financial Code - FIN § 6553

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Each application for approval of the establishment and maintenance of a branch office or one or more agencies shall include the following:

(1) The proposed location of the branch or agency.

(2) The functions to be performed at the branch or agency.

(3) Any additional information the commissioner deems necessary to reach a decision.

(b) Each application shall be accompanied by the filing fee as prescribed pursuant to Section 9001 and by a budget of the association for the current earnings period and for the next succeeding annual period, which reflects the estimated additional expense of the maintenance of each branch or agency covered by the application.

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Cite this article: FindLaw.com - California Code, Financial Code - FIN § 6553 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-6553/

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