3 CRR-NY 51.1NY-CRR
3 CRR-NY 51.1
3 CRR-NY 51.1
51.1 Definitions.
For the purposes of this Part:
(a) the term foreign branch means a branch of a foreign banking corporation licensed pursuant to article II of the Banking Law;
(b) the term foreign agency means an agency of a foreign banking corporation licensed pursuant to article II of the Banking Law;
(c) the term depository means a bank or trust company or private banker or national bank in the State of New York or the Federal Reserve Bank of New York;
(d) the term deposit agreement means an agreement executed between a foreign branch or foreign agency and one or more depositories and approved by the superintendent;
(e) the term department means the New York State Department of Financial Services; and
(f) the term superintendent means the superintendent of the State of New York.
3 CRR-NY 51.1
Current through January 31, 2023
End of Document |