1. Regulations
  2. title 12
  3. chapter II-i2
  4. part 238
  5. subpart K
  6. § 238.101

View all text of Subpart K [§ 238.101 - § 238.104]

§ 238.101 - Authority and purpose.

This subpart implements section 10(f) of HOLA which requires savings associations with holding companies to provide the Board not less than 30 days' notice of a proposed declaration of a dividend. This subpart applies to all declarations of dividends by a subsidiary savings association of a savings and loan holding company.

AUTHORITY: 5 U.S.C. 552, 559; 12 U.S.C. 1462, 1462a, 1463, 1464, 1467, 1467a, 1468, 5365; 1813, 1817, 1829e, 1831i, 1972, 15 U.S.C. 78

SOURCE: Reg. LL, 76 FR 56532, Sept. 13, 2011, unless otherwise noted.

CITE AS: 12 CFR 238.101