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Code · CFR · Title 12 — Banks and Banking · Part 239 — Mutual Holding Companies (Regulation MM) · § 239.31

§ 239.31. Indemnification; employment contracts.

38 words·~1 min read·/us/cfr/t12/s§ 239.31·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Restrictions on indemnification. The provisions of § 239.40 shall apply to subsidiary holding companies.
(b)Restrictions on employment contracts. The provisions of § 239.41 and any policies of the Board thereunder shall apply to subsidiary holding companies.
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