N.Y. Comp. Codes R. & Regs. tit. 3 § 321.7

Current through Register Vol. 46, No. 25, June 18, 2024

Section 321.7 - Loans to executive officers and directors of bank holding companies

(a) The provisions of sections 321.1(b), 321.2, 321.3 and 321.4 of this Part shall apply to any loan made by a bank subsidiary of a bank holding company to an executive officer or director of the bank holding company.

(b) The provisions of section 321.6 of this Part shall apply to any director of a bank holding company who becomes obligated on any loan or extension of credit to any banking subsidiary of a bank holding company.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 321.7