12 CFR 1239.21
§ 1239.21 Compensation of Enterprise board members.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 1239.21, § 1239.21 Compensation of Enterprise board members, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50550
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Full text
Each Enterprise may pay its directors reasonable and appropriate compensation for the time required of them, and their necessary and reasonable expenses, in the performance of their duties.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.