TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.745 AGENCY OFFICES


 

Section 1075.745  Agency Offices

 

a)         A savings bank may establish or maintain agency offices which only service and originate (but do not approve) loans and contracts and/or manage or sell real estate owned by the savings bank.

 

b)         An agency office shall maintain records of all business it transacts and transmit copies to a branch or home office of the savings bank.