12 CFR 1239.21 - Compensation of Enterprise board members.

Regulations last checked for updates: Feb 12, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026

View all text of Subpart D [§ 1239.20 - § 1239.21]

§ 1239.21 - Compensation of Enterprise board members.

Each Enterprise may pay its directors reasonable and appropriate compensation for the time required of them, and their necessary and reasonable expenses, in the performance of their duties.

authority: 12 U.S.C. 1426,1427,1432,1436,1440,4511,4513,4513,4526,and.S.C. 78

source: 80 FR 72336, Nov. 19, 2015, unless otherwise noted.

cite as: 12 CFR 1239.21