New York Statutes

§ 382 — Power to borrow

New York § 382
JurisdictionNew York
Law BNKBanking
Art. 10Savings and Loan Associations

This text of New York § 382 (Power to borrow) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Banking § 382 (2026).

Text

§ 382. Power to borrow. Subject to such regulations as the\nsuperintendent of financial services may promulgate, a savings and loan\nassociation may borrow money and pledge its assets as security for the\nrepayment thereof if it has been authorized so to do by the vote of a\nmajority of its board of directors.\n

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Bluebook (online)
New York § 382, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BNK/382.