California · Financial Code

FIN §6516: (a) Subject to regulations issued by the commissioner, an association may own and use or participate in the use or ownership and use of remote service units.

What this law says, in plain English

An association may own, use, or participate in owning and using remote service units, subject to regulations set by the commissioner.

Read the full statutory text
(a) Subject to regulations issued by the commissioner, an association may own and use or participate in the use or ownership and use of remote service units. (b) A remote service unit is not a branch or agency.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.