12 CFR 1231.1 - Purpose.
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The purpose of this part is to implement section 1318(e) of the Safety and Soundness Act (12 U.S.C. 4518(e)) by setting forth the standards that the Director will take into consideration in determining whether to limit or prohibit golden parachute payments and by setting forth prohibited and permissible indemnification payments that regulated entities and the Office of Finance may make to entity-affiliated parties.
[79 FR 4398, Jan. 28, 2014]
Title 12 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 12 CFR Part 1231.