---
kind: "section"
citation: "12 C.F.R. § 238.71"
title: "12"
number: "238.71"
heading: "Purpose."
url: "https://uscodex.org/cfr/12/238.71"
---

# §238.71. Purpose.


This subpart implements [12 U.S.C. 1831i](/usc/12/1831i.md), which requires certain savings and loan holding companies to notify the Board before appointing or employing directors and senior executive officers.


## Notes

### Authority

Authority: 5 U.S.C. 552, 559; 12 U.S.C. 1462, 1462a, 1463, 1464, 1467, 1467a, 1468, 5365; 1813, 1817, 1829e, 1831i, 1972, 15 U.S.C. 78 l.

### Source

Source: Reg. LL, 76 FR 56532, Sept. 13, 2011, unless otherwise noted.