N.Y. Comp. Codes R. & Regs. tit. 3 § 96.3

Current through Register Vol. 46, No. 51, December 18, 2024
Section 96.3 - Fully secured loans

A credit union may make loans to a member which are secured by the borrower's unhypothecated shares or by shares pledged by another member or members subject to the limitations contained in sections 454(6) and 456(2) of the Banking Law.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 96.3