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Code · STATUTE-COMPILATIONS · Dodd-Frank Wall Street Reform and Consumer Protection Act · Sec. 207

Sec. 207. DIRECTORS NOT LIABLE FOR ACQUIESCING IN APPOINTMENT OF RECEIVER

66 words·~1 min read·/statute-compilations/comps-9515/sec-207

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## SEC. 207 DIRECTORS NOT LIABLE FOR ACQUIESCING IN APPOINTMENT OF RECEIVER **[**[12 U.S.C. 5387](/us/usc/t12/s5387)**]** The members of the board of directors (or body performing similar functions) of a covered financial company shall not be liable to the shareholders or creditors thereof for acquiescing in or consenting in good faith to the appointment of the Corporation as receiver for the covered financial company under section 203.
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Sec. 207
DIRECTORS NOT LIABLE FOR ACQUIESCING IN APPOINTMENT OF RECEIVER
U.S.C.§ 5387
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