New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 85 - Investment In Service Corporations By Savings Banks And Savings And Loan Associations
Section 85.1 - Scope
Universal Citation: 3 NY Comp Codes Rules and Regs ยง 85.1
Current through Register Vol. 46, No. 12, March 20, 2024
The provisions of this Part apply to all savings banks and savings and loan associations which invest in the stock, capital notes and debentures of service corporations. The authority contained in this Part shall be in addition to any other lending or investment powers authorized by law or regulation.
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