Authority, purpose and scope.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) Regulate the acquisition of control of savings associations by companies and individuals; (2) Define and regulate the activities in which savings and loan holding companies may engage; (3) Set forth the procedures for securing approval for these transactions and activities; and (4) Set forth the procedures under which directors and executive officers may be appointed or employed by savings and loan holding companies in certain circumstances.

official document · source cfr-2024 · id 12:§ 238.1