New York Banking Code § 380-J

Authorization to acquire and lease personal property
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§ 380-j. Authorization to acquire and lease personal property. A\nsavings and loan association is authorized to acquire and lease personal\nproperty to the same extent as a commercial bank is authorized to engage\nin such activities under subdivision twelve of section ninety-six of\nthis chapter, subject to those limitations applicable to such activities\nin the case of banks or trust companies.\n

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