N.Y. Comp. Codes R. & Regs. tit. 3 § 89.6

Current through Register Vol. 46, No. 45, November 2, 2024

Section 89.6 - No presumption of prudence created

The fact that an investment is not prohibited by this Part shall not (a) create any presumption as to the prudence of such investment, or (b) constitute any evidence as to the Banking Department's position regarding the prudence of such investment.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 89.6