Legislation
SECTION 380-L
Excelsior linked deposit program
Banking (BNK) CHAPTER 2, ARTICLE 10
§ 380-l. Excelsior linked deposit program. A savings and loan
association may make linked loans, each authorized and approved pursuant
to article fifteen of the state finance law and each in an amount equal
to a corresponding linked deposit made pursuant to such article, subject
to the limits of section three hundred eighty-k of this article and any
other applicable limits or requirements imposed by law or regulation.
association may make linked loans, each authorized and approved pursuant
to article fifteen of the state finance law and each in an amount equal
to a corresponding linked deposit made pursuant to such article, subject
to the limits of section three hundred eighty-k of this article and any
other applicable limits or requirements imposed by law or regulation.