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COMMONWEALTH OF PENNSYLVANIA

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10 Pa. Code § 13.2. Participations in evidences of indebtedness and agreements for the payment of money.

PARTICIPATIONS


§ 13.2. Participations in evidences of indebtedness and agreements for the payment of money.

 Institutions may purchase and sell participations in one or more evidences of indebtedness or agreements for the payment of money, without retaining a specific interest therein. The participation may be acquired from or sold to a financial institution or other corporation.

Source

   The provisions of this §  13.2 adopted February 24, 1970; amended January 2, 1998, effective January 3, 1998, 28 Pa.B. 14. Immediately preceding text appears at serial page (223173).


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