A savings and loan association or a savings bank, or the service corporation of either,
may enter into an agreement with any person or entity which is a registered broker-dealer
under the applicable provisions of this chapter and under the Securities Exchange
Act of 1934, for the purpose of making brokerage services available to customers of
the association or savings bank. The existence of such an agreement shall not of itself be sufficient to require
employees of the association, savings bank or service corporation to register as an
agent under the provisions of this article, so long as the employees' activities with
regard to such brokerage services are limited to the providing of clerical or ministerial
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