N.Y. Comp. Codes R. & Regs. Tit. 3 § 96.1 - Definitions

For purposes of this Part:

(a) The term net worth shall have the same meaning as set forth in section 702.2 of part 702 of the Regulations of the National Credit Union Administration.
(b) The term loan shall mean any loan made to or guaranteed or endorsed by a member of a credit union.

Notes

N.Y. Comp. Codes R. & Regs. Tit. 3 § 96.1

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