N.Y. Comp. Codes R. & Regs. tit. 3 § 84.4

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

Section 84.4 - Maximum mortgage loan for certain mortgagees

No bank or trust company shall make a mortgage loan in an amount in excess of 15 per centum of the capital stock, surplus fund and undivided profits of such bank or trust company.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 84.4