3 CRR-NY 31.1NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 3. BANKING
CHAPTER I. GENERAL REGULATIONS OF THE SUPERINTENDENT
PART 31. INVESTMENTS OF BANKS OR TRUST COMPANIES IN CERTAIN CORPORATIONS
3 CRR-NY 31.1
3 CRR-NY 31.1
31.1 Federal National Mortgage Association; Government National Mortgage Association.
The superintendent hereby authorizes any bank or trust company which sells or assigns mortgages which it owns to the Federal National Mortgage Association (FNMA), or the Government National Mortgage Association (GNMA) to invest in and hold the stock of FNMA and GNMA which it acquires in connection with making such sale or assignment effective and to do any and all other acts which under the laws and regulations applicable to such sales may be required to effect such sales.
3 CRR-NY 31.1
Current through January 31, 2023
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.