Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART III. Savings Association Bureau |
Chapter 37. Service Corporations |
Section 37.6. Investment in service corporations in amounts over 1.0% of assets of an association
Latest version.
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An association upon application to the Department may be authorized to invest in excess of 1.0% of its assets in a service corporation, or service corporations, upon furnishing to the Department such data as required by the Department to justify such excess investment.
The provisions of this § 37.6 adopted May 19, 1972, 2 Pa.B. 897.