12 CFR 238.103
§ 238.103 Filing requirement.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 238.103, § 238.103 Filing requirement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45084
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Full text
(a) Filing. A subsidiary savings association of a savings and loan holding company must file a notice with the appropriate Reserve Bank on the designated form at least 30 days before the proposed declaration of a dividend by its board of directors.
(b) Schedules. A notice may include a schedule proposing dividends over a specified period, not to exceed 12 months.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.