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This entry was published on 2014-09-22
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SECTION 380-J
Authorization to acquire and lease personal property
Banking (BNK) CHAPTER 2, ARTICLE 10
§ 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.