N.Y. Comp. Codes R. & Regs. tit. 3 § 63.3

Current through Register Vol. 46, No. 39, September 25, 2024
Section 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.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 63.3