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Title 12

Displaying title 12, up to date as of 9/20/2021. Title 12 was last amended 9/13/2021.

Title 12

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Subpart C - Implementation of Dividend Requirements
Authority:

12 U.S.C. 1817(e)(2), (4).

Source:

73 FR 73162, Dec. 2, 2008, unless otherwise noted.

§ 327.50 Dividends.

(a) Suspension of dividends. The Board will suspend dividends indefinitely whenever the DIF reserve ratio exceeds 1.50 percent at the end of any year.

(b) Assessment rate schedule if DIF reserve ratio exceeds 1.50 Percent. In lieu of dividends, when the DIF reserve ratio exceeds 1.50 percent, assessment rates shall be determined as set forth in section 327.10, as appropriate.

[76 FR 10725, Feb. 25, 2011]