12 CFR 239.31 - Indemnification; employment contracts.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Subpart C [§ 239.20 - § 239.31]

§ 239.31 - Indemnification; employment contracts.

(a) Restrictions on indemnification. The provisions of § 239.40 shall apply to subsidiary holding companies.

(b) Restrictions on employment contracts. The provisions of § 239.41 and any policies of the Board thereunder shall apply to subsidiary holding companies.

authority: 12 U.S.C. 1462,1462a,1464,1467a,1828,and

source: Reg. MM, 76 FR 56357, Sept. 13, 2011, unless otherwise noted.

cite as: 12 CFR 239.31