Section 13.2. Participations in evidences of indebtedness and agreements for the payment of money

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Institutions may purchase and sell participations in one or more evidences of indebtedness or agreements for the payment of money, without retaining a specific interest therein. The participation may be acquired from or sold to a financial institution or other corporation.

The provisions of this § 13.2 adopted February 24, 1970; amended January 2, 1998, effective January 3, 1998, 28 Pa.B. 14. Immediately preceding text appears at serial page (223173).

                    
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