§ 1231.1 Purpose.

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Title 12 CFR: Banks and Banking › Chapter XII: FEDERAL HOUSING FINANCE AGENCY › Part 1231: GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS › § 1231.1: § 1231.1 Purpose.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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The purpose of this part is to implement section 1318(e) of the Safety and Soundness Act (12 U.S.C. 4518(e)) by setting forth the factors that the Director will take into consideration in determining whether to limit or prohibit golden parachute payments and agreements and by setting forth conditions for prohibited and permissible indemnification payments that regulated entities and the Office of Finance (OF) may make to affiliated parties.

[83 FR 65289, Dec. 20, 2018]

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