Authorization to acquire and lease personal property

N.Y. Banking Law § 380-J, under Savings and Loan Associations.

N.Y. Banking Law § 380-J

§ 380-j. Authorization to acquire and lease personal property. A savings and loan association is authorized to acquire and lease personal property to the same extent as a commercial bank is authorized to engage in such activities under subdivision twelve of section ninety-six of this chapter, subject to those limitations applicable to such activities in the case of banks or trust companies.