N.Y. Banking Law § 319

Current through 2024 NY Law Chapter 315
Section 319 - Limitations upon the powers of safe deposit companies

No safe deposit company shall:

1. Lend money, or make any advance, on any property left in its possession, or belonging to others.
2. Open or maintain any branch offices, except as provided in section three hundred and eighteen of this article.

N.Y. BankingLaw § 319