3 CRR-NY 97.3NY-CRR
3 CRR-NY 97.3
3 CRR-NY 97.3
97.3 Permitted activities.
A credit union organization may engage in the following activities:
(a) originating, investing in, purchasing, selling, servicing or otherwise dealing in, directly or through participation, loans of any type which may be made by a credit union;
(b) providing services primarily for other credit unions (e.g., accounting, auditing, clerical, consulting, data processing, investment advisory, managerial);
(c) providing tax preparation services;
(d) financing leases of personal property to members;
(e) issuing credit cards and engaging in credit card operations;
(f) opening and maintaining shared service centers in accordance with the provisions of section 97.8 of this Part; and
(g) any other activity specifically approved by the superintendent.
3 CRR-NY 97.3
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.