§ 507. Participations
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking
7 P.S. § 507
§ 507. Participations
A savings bank may purchase and may sell participations in investments and loans which it is authorized to make, subject to regulation by the department. The department may prohibit the sale of any type of participation to the public or otherwise not in the usual course of savings bank business, except as permitted by other provisions of this act.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 507.
7 P.S. § 507, PA ST 7 P.S. § 507
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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