<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="6-808" title_number="6" title_name="Credit Unions" subtitle_number="8" subtitle_name="Extraordinary Actions">
  <level label="a">
    <text>An out-of-state credit union shall provide the Commissioner, within 15 days of opening a branch in the State, with a notice of the opening of the branch.</text>
  </level>
  <level label="b">
    <text>A credit union chartered and primarily regulated by another state that proposes to establish a branch in this State shall qualify under § 7-203 of the Corporations and Associations Article to do business in the State as a foreign corporation.</text>
  </level>
  <level label="c">
    <text>An out-of-state credit union that has a branch in this State may establish additional branches in this State:</text>
    <level label="1">
      <text>To the same extent as a credit union; or</text>
    </level>
    <level label="2">
      <text>To the extent otherwise permitted by federal law.</text>
    </level>
  </level>
</section>
