ยง 380-j. Authorization to acquire and lease personal property. A
savings and loan association is authorized to acquire and lease personal
property to the same extent as a commercial bank is authorized to engage
in such activities under subdivision twelve of section ninety-six of
this chapter, subject to those limitations applicable to such activities
in the case of banks or trust companies.
Structure New York Laws
Article 10 - Savings and Loan Associations
375 - Incorporation; Organization Certificate.
377 - When Corporate Existence Begins.
378 - Power to Issue Shares; Dues Thereon.
378-C - Excelsior Linked Deposit Program.
378-D - Preservation of Books and Records.
378-E - Water Pollution Control Linked Deposit Program.
379 - Power to Invest in Securities.
380-A - Power to Purchase Mortgage, Loan or Investment.
380-B - Power to Purchase Mortgages From Mortgage Holders.
380-C - Power to Participate in Certain Loans and Mortgage Investments.
380-F - Power to Make Advances of Federal Funds.
380-G - Power to Engage in Line of Credit Financing of Residential Real Estate.
380-I - Personal Loan Departments.
380-J - Authorization to Acquire and Lease Personal Property.
380-K - Investment in Promissory Notes.
380-L - Excelsior Linked Deposit Program.
380-M - Water Pollution Control Linked Deposit Program.
381 - Power to Take and Hold Real Estate; Restrictions.
382-B - Power to Issue Certain Obligations.
383-A - Rental of Safe Deposit Boxes.
384 - Entries in Books; Restrictions; Amortization of Securities.
386 - Profits; How and When to Be Computed.
387 - Credits to Surplus Account and Undivided Profits; Dividends to Shareholders.
388 - Fines and Penalties for Failure to Make Payments on Instalment Shares.
389 - Matured Shares; Conversion Into Shares of Another Class Upon Notice.
390 - Withdrawal of Unpledged Shares; Provisions for Dividends.
392 - Retirement of Shares; Suspension; Transfer.
393 - Repayment of Mortgage Loans; Application of Pledged Shares.
394 - Joint Shares; Shares of Minors; Shares in Trust.
395 - Alternative Provisions Relative to Payment of Interest to Shareholders.
396 - Change of Location; Change of Designation of Principal Office; Maintenance of Branch Office.
396-A - Electronic Facilities.
396-B - Acceptance of United States Currency.
397 - Number, Qualifications and Disqualifications of Directors; Oath; Quorum; Meeting of Directors.
398 - Filling of Vacancies in Board of Directors; Change in Number of Directors.
398-A - Forfeiture of Office of Director.
398-B - Duties of Directors and Officers.
398-C - Executive Committee and Other Committees.
399 - Restrictions on Directors and Officers.
401 - Official Communications to Be Submitted to Directors and Noted in Minutes.
403 - Examination by Directors.
404 - Reports to the Superintendent; Penalty for Failure to Make.
404-A - Photographic Reproduction of Records.
405 - Annual Report to Shareholders; Delivery and Publication.
412 - Conversion of Federal Savings Institutions to State Charter.