There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2010 New York Code
BNK - Banking
Article 10 - (375 - 413) SAVINGS AND LOAN ASSOCIATIONS
382 - Power to borrow.

§ 382.  Power  to  borrow.  Subject to such regulations as the banking
  board may promulgate, a savings and loan association  may  borrow  money
  and  pledge  its  assets as security for the repayment thereof if it has
  been authorized so to do by the vote of  a  majority  of  its  board  of
  directors.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.