New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 96 - Lending Limits For Credit Unions
Section 96.1 - Definitions
Universal Citation: 3 NY Comp Codes Rules and Regs ยง 96.1
Current through Register Vol. 46, No. 12, March 20, 2024
For purposes of this Part:
(a) The term net worth shall have the same meaning as set forth in section 702.2 of part 702 of the Regulations of the National Credit Union Administration.
(b) The term loan shall mean any loan made to or guaranteed or endorsed by a member of a credit union.
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