New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Chapter I. General Regulations of the Superintendent |
Part 31. Investments of Banks or Trust Companies in Certain Corporations |
Sec. 31.2. The Depository Trust Company
Latest version.
- Any bank or trust company is permitted to invest in or hold shares of common stock of Depository Trust & Clearing Corporation, the principal function of which is to serve as the holding company for The Depository Trust Company and the National Securities Clearing Corporation.