Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 52 Pa.B. 5624 (August 27, 2022).

10 Pa. Code § 13.13. Guarantees.

§ 13.13. Guarantees.

 Institutions, subject to the prior approval of the Department, may give guarantees in connection with transactions providing for the sale or sale and repurchase of an institution’s outstanding securities portfolio or in connection with borrowings by the institution, secured by the institution’s outstanding securities portfolio.

Authority

   The provisions of this §  13.13 issued under sections 313(a)(iv) and 502(f) of the Banking Code of 1965 (7 P. S. § §  313(a)(iv) and 502(f)).

Source

   The provisions of this §  13.13 adopted September 30, 1983, effective October 1, 1983, 13 Pa.B. 2967.



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