6-510. Principal place of business; branch
office; automated teller machines
A. A credit union may change its principal place of business or branch within this
state with the prior approval of the superintendent and the payment of the fee provided
in section 6-126.
B. A credit union may establish a branch office with the prior approval of the
superintendent.
C. A credit union may establish or maintain automated teller machines at locations
other than its places of business. The credit union must send a notification letter to
the superintendent at least thirty days before the automated teller machine is
established pursuant to this subsection. A credit union may join through contractual
agreement with one or more other credit unions or other financial organizations in the
operation of automated teller machine networks.
D. A credit union organized under this chapter may conduct business outside of this
state in other states or territories of the United States where it is permitted to do so
on approval of the superintendent, if it is reasonably necessary to service its members.
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