N.Y. Comp. Codes R. & Regs. tit. 3 § 37.2

Current through Register Vol. 46, No. 50, December 11, 2024
Section 37.2 - Limitations

A bank or trust company's investment in any one community development project pursuant to this Part may not exceed two percent of its capital stock, surplus and undivided profits and its aggregate investment in all such projects may not exceed ten percent of its capital stock, surplus and undivided profits.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 37.2