N.Y. Comp. Codes R. & Regs. tit. 3 § 115.3

Current through Register Vol. 46, No. 51, December 18, 2024

Section 115.3 - Merger, purchase and assumption, acquisition and change of control applications

All applications for approval by the department to merge with, purchase and/or assume, or acquire control (as defined in the applicable provisions of the Banking Law) of, any bank or trust company, savings bank, savings and loan association, investment company, safe deposit company or credit union shall be accompanied by information demonstrating that the applicant has or will have an anti-money laundering program that satisfies the requirements set forth in section 115.1 of this Part.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 115.3