51A-4-20.3. Promulgation of rules for investment in community development corporations.
33 words·~1 min read·
/sd/title-51/chapter-51-4/51a-4-20-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Banking Commission may, by rule promulgated pursuant to chapter 1-26 , establish additional requirements concerning a bank's investment in community development corporations and may establish criteria for permissible community development corporation investments.