3 CRR-NY 63.3NY-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 63. INVESTMENTS IN SAVINGS BANKS TRUST COMPANY AND OTHER SAVINGS BANKS SERVICE AGENCIES
3 CRR-NY 63.3
3 CRR-NY 63.3
63.3 Investments in the capital stock of a service agency.
No savings bank shall invest in the capital stock of a service agency if the aggregate amount of its investments in such stock, including the proposed investment, would exceed three tenths of one percent of the total assets of such savings bank as of the date of such investment.
3 CRR-NY 63.3
Current through January 31, 2023
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