Promulgation of rules for investment in community development corporations.

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51A-4-20.3. Promulgation of rules for investment in community development corporations.

The Banking Commission may, by rule promulgated pursuant to chapter 1-26, establish additional requirements concerning a bank's investment in community development corporations and may establish criteria for permissible community development corporation investments.

Source: SL 1992, ch 334, §1C.


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