N.Y. Comp. Codes R. & Regs. tit. 3 § 31.3

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

Section 31.3 - Distributions by small business investment company of new york, inc. of stock held in its portfolio

Banks and trust companies holding stock in Small Business Investment Company of New York, Inc. are authorized to hold stock, received from Small Business Investment Company of New York, Inc. as a distribution from its portfolio, for a period not exceeding two years from the date of receipt of any such portfolio stock.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 31.3