Statute · New York Banking Law

N.Y. Banking Law § 420-l — Savings and loan bank eligible as fiscal agent

N.Y. Banking Law § 420-l

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

§ 420-l. Savings and loan bank eligible as fiscal agent. The savings and loan bank operating pursuant to article ten-B of the banking law may be designated by the fund as its fiscal agent; such bank shall have the power to accept such designation and to do all acts necessary in order to carry…

Citator

N.Y. Banking Law § 420-l — Savings and loan bank eligible as fiscal agent is in force in the current edition of the Code, and nothing recorded condemns it.

§ 420-l. Savings and loan bank eligible as fiscal agent. The savings and loan bank operating pursuant to article ten-B of the banking law may be designated by the fund as its fiscal agent; such bank shall have the power to accept such designation and to do all acts necessary in order to carry out the duties thereby imposed in accordance with any agreement entered into pursuant thereto.