Statute · New York Banking Law
N.Y. Banking Law § 378-c — Excelsior linked deposit program
N.Y. Banking Law § 378-c
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 378-c. Excelsior linked deposit program. A savings and loan association may accept moneys deposited by the comptroller or the commissioner of taxation and finance as linked deposits pursuant to article fifteen of the state finance law and enter into agreements, pledge assets or furnish other…
Citator
N.Y. Banking Law § 378-c — Excelsior linked deposit program is in force in the current edition of the Code, and nothing recorded condemns it.
§ 378-c. Excelsior linked deposit program. A savings and loan association may accept moneys deposited by the comptroller or the commissioner of taxation and finance as linked deposits pursuant to article fifteen of the state finance law and enter into agreements, pledge assets or furnish other security, satisfactory in form and amount to such authorized depositor, for the repayment of such moneys.