3 CRR-NY 94.2NY-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 94. BORROWINGS BY SAVINGS AND LOAN ASSOCIATIONS
3 CRR-NY 94.2
3 CRR-NY 94.2
94.2 Borrowings for purposes other than repaying shareholders and depositors.
A savings and loan association may borrow money for purposes other than repaying shareholders and depositors, and pledge its assets as security for the repayment thereof, in amounts not exceeding 50 percent of its assets.
3 CRR-NY 94.2
Current through January 31, 2023
End of Document