1. Regulations
  2. title 12
  3. chapter II-i2
  4. part 239
  5. subpart C
  6. § 239.31

View all text of Subpart C [§ 239.20 - § 239.31]

§ 239.31 - Indemnification; employment contracts.

(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.

AUTHORITY: 12 U.S.C. 1462, 1462a, 1464, 1467a, 1828, and 2901.

SOURCE: Reg. MM, 76 FR 56357, Sept. 13, 2011, unless otherwise noted.

CITE AS: 12 CFR 239.31