---
kind: "section"
citation: "12 C.F.R. § 1291.2"
title: "12"
number: "1291.2"
heading: "Compliance dates."
url: "https://uscodex.org/cfr/12/1291.2"
---

# §1291.2. Compliance dates.

- (a) **General January 1, 2021 compliance date.** Except as provided in [paragraph (b)](#b) of this section, from December 28, 2018 to December 31, 2020, a Bank shall comply with either prior [part 1291](/cfr/12/part1291.md) (in [12 CFR part 1291](/cfr/12/part1291.md) (January 1, 2018 edition)) or this part 1291, and on and after January 1, 2021, a Bank shall comply with this part 1291.
- (b) **January 1, 2020 compliance date for owner-occupied retention agreements; exception for adoption of proxies.** From December 28, 2018 to December 31, 2019, a Bank shall comply with either prior [§ 1291.9(a)(7)](/cfr/12/1291.9.md?p=a-7) (in [12 CFR part 1291](/cfr/12/part1291.md) (January 1, 2018 edition)) or [§ 1291.15(a)(7)](/cfr/12/1291.15.md?p=a-7), and on and after January 1, 2020, a Bank shall comply with [§ 1291.15(a)(7)](/cfr/12/1291.15.md?p=a-7), except that a Bank shall comply with [§ 1291.15(a)(7)(ii)(B)](/cfr/12/1291.15.md?p=a-7-ii-B) on the date set forth in the FHFA guidance on proxies referenced therein.

## Notes

### Authority

Authority: 12 U.S.C. 1430(j).

### Source

Source: 83 FR 61231, Nov. 28, 2018, unless otherwise noted.