N.Y. Comp. Codes R. & Regs. Tit. 3 § 63.2 - Investments in savings banks trust company
No savings bank shall invest in the capital stock, capital notes and debentures of a savings banks trust company if the aggregate amount of it investments in such securities, including the proposed investment, would exceed two and one-half percent of the total assets of such savings bank as of the date of such investment.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.