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The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
ARTICLE 10
Savings and Loan Associations
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SECTION 380
Power to make loans
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ARTICLE 10
Savings and Loan Associations
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SECTION 380-B
Power to purchase mortgages from mortgage holders
This entry was published on 2014-09-22
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SECTION 380-A
Power to purchase mortgage, loan or investment
Banking (BNK) CHAPTER 2, ARTICLE 10
§ 380-a. Power to purchase mortgage, loan or investment. Subject to
such regulations and restrictions as the superintendent of financial
services may prescribe therefor, an association may acquire by purchase
any mortgage, loan or invetsment which by the provisions of this article
it is authorized to make and hold.