N.Y. Comp. Codes R. & Regs. tit. 3 § 63.2
Current through Register Vol. 46, No. 39, September 25, 2024
No savings bank shall invest in the capital stock, capital notes and debentures of a savings banks trust company if the aggregate amount of it investments in such securities, including the proposed investment, would exceed two and one-half percent of the total assets of such savings bank as of the date of such investment.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 63.2