1. Regulations
  2. title 12
  3. chapter XII
  4. part 1239
  5. subpart D
  6. § 1239.21

View all text of Subpart D [§ 1239.20 - § 1239.21]

§ 1239.21 - Compensation of Enterprise board members.

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.

AUTHORITY: 12 U.S.C. 1426, 1427, 1432(a), 1436(a), 1440, 4511(b), 4513(a), 4513(b), 4526, and 15 U.S.C. 78

SOURCE: 80 FR 72336, Nov. 19, 2015, unless otherwise noted.

CITE AS: 12 CFR 1239.21