N.Y. Comp. Codes R. & Regs. tit. 3 § 28.2

Current through Register Vol. 46, No. 53, December 31, 2024

Section 28.2 - Designation of public benefit corporations

Pursuant to Banking Law, section 103(1)(c), the Banking Board hereby designates the New York State Housing Finance Agency and the Metropolitan Transportation Authority, as public benefit corporations to which any bank or trust company may make loans equal but not exceeding 25 percent of the capital stock, surplus fund and undivided profits of such bank or trust company.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 28.2