N.Y. Comp. Codes R. & Regs. tit. 3 § 31.9

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

Section 31.9 - Government securities clearing corporation

Any bank or trust company is permitted to invest in the capital stock of Government Securities Clearing Corporation in a total amount not to exceed the lesser of $250,000 or two percent of the investing bank's or trust company's capital stock and surplus.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 31.9