N.Y. STF Law § 216
This is the official text of N.Y. STF Law § 216, part of New York’s STF Law — part of the compiled statutory law of New York, published by the state as "STF Law." Browse the sections below, each linked to its official government source.
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Term of program
Official statutory text
§ 216. Term of program. 1. The program shall exist for a term which\nexpires on the date this article expires pursuant to chapter seven\nhundred five of the laws of nineteen hundred ninety-three which added\nthis article. Linked loans may be made only during the term of the\nprogram and linked deposits shall mature no later than four years after\nthe expiration of the term of the program.\n 2. The authorized depositor may permit funds released from a linked\ndeposit relating to a linked loan to be made available for additional\nlinked deposits under this program.\n
Status: in_force · Read it on the official government site
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