C.F.R. » Title 12 » CHAPTER II—FEDERAL RESERVE SYSTEM › SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM › PART 238—SAVINGS AND LOAN HOLDING COMPANIES (REGULATION LL) › Subpart K—Dividends by Subsidiary Savings Associations

12 C.F.R. § 238.101

Authority and purpose

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This subpart implements section 10(f) of HOLA which requires savings associations with holding companies to provide the Board not less than 30 days' notice of a proposed declaration of a dividend. This subpart applies to all declarations of dividends by a subsidiary savings association of a savings and loan holding company.