12 CFR 238.98
§ 238.98 Enforcement.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 238.98, § 238.98 Enforcement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45079
- Permanent ID
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Full text
Except as provided in this section, the Board administers and enforces the Interlocks Act with respect to savings and loan holding companies and its affiliates, and may refer any case of a prohibited interlocking relationship involving these entities to the Attorney General of the United States to enforce compliance with the Interlocks Act and this part. If an affiliate of a savings and loan holding company is subject to the primary regulation of another Federal depository organization supervisory agency, then the Board does not administer and enforce the Interlocks Act with respect to that affiliate.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.