Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 52 Pa.B. 6342 (October 1, 2022).

10 Pa. Code § 37.5. Special service corporations.

§ 37.5. Special service corporations.

 An association may form a service corporation or invest in the capital stock, obligations or other securities of a service corporation, other than as provided in §  37.1 (relating to service corporations generally) if the purpose of such additional activities is authorized for service corporations by the Federal Home Loan Bank Board and the Department together, or authorized solely by the Department.

Notes of Decisions

   Approval

   The Secretary of Banking erred in concluding that request for approval for third party brokerage service was properly adjudicated on a case by case basis. Miller v. Commonwealth Department of Banking, 487 A.2d 1059 (Pa. Cmwlth. 1985).



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