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N.Y. Comp. Codes R. & Regs. tit. 21, § 4240.5 – Linked deposits. | Midpage
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New York Codes, Rules and Regulations
Title 21
Chapter L
Part 4240
§ 4240.5
N.Y. Comp. Codes R. & Regs. tit. 21, § 4240.5
Linked deposits.
State of New York
(a) The corporation may make linked deposits of funds into eligible banking organizations in order to encourage such organizations to make program loans to small businesses and minority and women-owned business enterprises.