Legislation
SECTION 380-J
Authorization to acquire and lease personal property
Banking (BNK) CHAPTER 2, ARTICLE 10
§ 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.
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.