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Home » US Law » 2022 New York Laws » Consolidated Laws » BNK - Banking » Article 10 - Savings and Loan Associations » 380-A – Power to Purchase Mortgage, Loan or Investment.

§ 380-a. Power to purchase mortgage, loan or investment. Subject to such regulations and restrictions as the superintendent of financial services may prescribe therefor, an association may acquire by purchase any mortgage, loan or invetsment which by the provisions of this article it is authorized to make and hold.