Code of Federal Regulations · Section

§ 160.130 — Prohibition On Loan Procurement Fees

12 C.F.R. § 160.130

View:

If you are a director, officer, or other natural person having the power to direct the management or policies of a Federal savings association, you must not receive, directly or indirectly, any commission, fee, or other compensation in connection with the procurement of any loan made by the savings association or a subsidiary of the savings association.

12 C.F.R. § 160.121 12 C.F.R. § 160.160

Authorizing Statute