N.Y. Comp. Codes R. & Regs. tit. 3 § 31.7

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

Section 31.7 - Minbanc capital corp

Any bank or trust company is permitted to invest in shares of common stock, par value $1 per share, of Minbanc Capital Corp., a closed-end investment company, incorporated in Delaware, in a total amount not to exceed two percent of the investing bank's or trust company's capital stock and surplus.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 31.7