10 Pa. Code § 37.2 - Maximum investment authorized
(a) An association shall not have an
aggregate outstanding investment in the capital stock, securities or
obligations of a service corporation, the cost of which exceeds 1.0% of the
assets of the association at the time of acquisition of such stock, securities
or obligations.
(b) No one
association shall own more than 10% of the capital stock of such a service
corporation, without the prior written approval of the Department.
Notes
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