Go to Previous Versions
of
this Section
2025 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 10 - Foreign (National) Savings Companies
Section 10001.
Universal Citation:
CA Fin Code § 10001 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
10001. (a) No person, other than a California savings association or other person authorized by this division, shall do any business of an association.
(b) No foreign savings association may control a California savings association.
(c) No foreign holding company may control a California savings association.
(d) The commissioner shall obtain an injunction or take other action necessary to prevent any person from unlawfully doing any business of an association in this state.
(Added by Stats. 1987, Ch. 1162, Sec. 19. Effective September 26, 1987. Section operative January 1, 1991, pursuant to Section 10009.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
