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12 CFR 238.101

§ 238.101 Authority and purpose.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 238.101, § 238.101 Authority and purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45082
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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.