---
kind: "section"
citation: "12 C.F.R. § 1242.8"
title: "12"
number: "1242.8"
heading: "No limiting effect or private right of action."
url: "https://uscodex.org/cfr/12/1242.8"
---

# §1242.8. No limiting effect or private right of action.

- (a) **No limiting effect on resolution proceedings.** A resolution plan submitted pursuant to this part shall not have any binding effect on FHFA when appointed as conservator or receiver under [12 U.S.C. 4617](/usc/12/4617.md).
- (b) **No private right of action.** Nothing in this part creates or is intended to create a private right of action based on a resolution plan prepared or submitted under this part or based on any action taken by FHFA with respect to any resolution plan submitted under this part.

## Notes

### Authority

Authority: 12 U.S.C. 4511; 12 U.S.C. 4513; 12 U.S.C. 4513b; 12 U.S.C. 4514; 12 U.S.C. 4517; 12 U.S.C. 4526; and 12 U.S.C. 4617.

### Source

Source: 86 FR 23587, May 4, 2021, unless otherwise noted.