New York Banking Law Section 380-J - Authorization to acquire and lease personal property.

 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.

Last modified: February 3, 2019