New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 84 - Certain Mortgage Loans
Section 84.4 - Maximum mortgage loan for certain mortgagees
Universal Citation: 3 NY Comp Codes Rules and Regs ยง 84.4
Current through Register Vol. 46, No. 12, March 20, 2024
No bank or trust company shall make a mortgage loan in an amount in excess of 15 per centum of the capital stock, surplus fund and undivided profits of such bank or trust company.
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