Definitions.

CFR · 2024-01-01 · US · Title 12

The following definitions apply to this subpart: (a) (b) (1) A distribution of cash or other property to owners of a savings association made on account of their ownership, but not any dividend consisting only of shares or rights to purchase shares; or (2) Any transaction that the Board determines, by order or regulation, to be in substance a dividend. (c)

official document · source cfr-2024 · id 12:§ 238.102