§ 319. Limitations upon the powers of safe deposit companies.\n No safe deposit company shall:\n 1. Lend money, or make any advance, on any property left in its\npossession, or belonging to others.\n 2. Open or maintain any branch offices, except as provided in section\nthree hundred and eighteen of this article.\n
N.Y. Banking Law § 319
Limitations upon the powers of safe deposit companies
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.