New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Chapter I. General Regulations of the Superintendent |
Part 90. Variable Rate Open-End Accounts Established by Lending Institutions |
Sec. 90.2. Scope
Latest version.
- This Part applies to open-end accounts which are established by lending institutions and which provide for changes in the rate charged on the account from time to time but not more often than once within any three-month period. The use of indices for such open-end accounts must comply with the provisions of Part 333 of this Title.