Statute · New York Banking Law

N.Y. Banking Law § 380-j — Authorization to acquire and lease personal property

N.Y. Banking Law § 380-j

Type
Statute
Source
New York Banking Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 380-j. Authorization to acquire and lease personal property. A savings and loan association is authorized to acquire and lease personal property to the same extent as a commercial bank is authorized to engage in such activities under subdivision twelve of section ninety-six of this chapter,…

Citator

N.Y. Banking Law § 380-j — Authorization to acquire and lease personal property is in force in the current edition of the Code, and nothing recorded condemns it.

§ 380-j. Authorization to acquire and lease personal property. A savings and loan association is authorized to acquire and lease personal property to the same extent as a commercial bank is authorized to engage in such activities under subdivision twelve of section ninety-six of this chapter, subject to those limitations applicable to such activities in the case of banks or trust companies.