New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 66 - Reciprocal Interstate Acquisitions Of Savings And Loan Associations
Section 66.2 - Definitions
Current through Register Vol. 46, No. 12, March 20, 2024
For purposes of this Part:
(a) insured institution shall have the same meaning as in title 12 United States Code, section 1730 a;
(b) savings and loan holding company shall have the same meaning as in title 12 United States Code section 1730 a;[FN*]
(c) New York insured institution shall mean an insured institution whose principal office is located in this State, and out-of-state insured institution shall mean an insured institution whose principal office is located in a state other than this State or the District of Columbia; and
(d) New York savings and loan holding company shall mean a savings and loan holding company which controls one or more New York insured institutions, and out-of-state savings and loan holding company shall mean a savings and loan holding company other than a New York savings and loan holding company which conducts its principal banking business in a state other than this State or the District of Columbia. The jurisdiction in which an out-of-state savings and loan holding company conducts its principal banking business is that state or the District of Columbia in which the total deposits of such company and its banking subsidiaries are largest.
[FN*] For information regarding the United States Code (USC or U.S.C.), the Code of Federal Regulations (CFR) and the Federal Register, see Supervisory Policy G 1.
