Title 3 Banking - Chapter I General Regulations of the Superintendent - Part 93 Borrowings by Savings Banks - s 93.1 Borrowings for purposes other than repaying depositors.

Published: 2021-01-31

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month, or Get a Day Pass for only USD$9.99.
A savings bank may borrow money for purposes other than repaying depositors, and pledge or hypothecate its assets as collateral for any such loans, in an amount not exceeding 50 percent of its assets.