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This entry was published on 2014-09-22
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ARTICLE 15
Excelsior Linked Deposit Act
State Finance (STF) CHAPTER 56
ARTICLE 15

EXCELSIOR LINKED DEPOSIT ACT
Section 212. Short title.

213. Definitions.

214. Establishment and purpose; linked deposit program

authorization.

215. Responsibilities of commissioner of economic development,

comptroller, commissioner of taxation and finance and

superintendent of financial services.

216. Term of program.

217. Linked loans.

218. Interest rate for linked loans; no lender's fees.

219. Application procedure.

220. Renewal of linked deposit.

221. Liability; early repayment and withdrawal.

222. Monitoring and report.

223. Promotion of program.

224. Rules and regulations.