New York Banking Law Section 380-L - Excelsior linked deposit program.

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.


Last modified: February 3, 2019