378-E - Water pollution control linked deposit program.

§ 378-e. Water pollution control linked deposit program. A savings and  loan  association  may  accept  moneys  deposited  by the New York state  environmental facilities corporation  as  linked  deposits  pursuant  to  article  sixteen  of  the  state  finance law and enter into agreements,  pledge assets or furnish other security, satisfactory in form and amount  to  New  York  state  environmental  facilities  corporation,  for   the  repayment of such moneys.