N.Y. BNK Law § 380-L

This is the official text of N.Y. BNK Law § 380-L, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.

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Excelsior linked deposit program

Official statutory text

§ 380-l. Excelsior linked deposit program. A savings and loan\nassociation may make linked loans, each authorized and approved pursuant\nto article fifteen of the state finance law and each in an amount equal\nto a corresponding linked deposit made pursuant to such article, subject\nto the limits of section three hundred eighty-k of this article and any\nother applicable limits or requirements imposed by law or regulation.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.