---
kind: "section"
citation: "24 C.F.R. § 401.301"
title: "24"
number: "401.301"
heading: "Partnership arrangements."
url: "https://uscodex.org/cfr/24/401.301"
---

# §401.301. Partnership arrangements.


If the PAE is in a partnership, the PRA must specify the following:

- (a) The responsibilities of each partner regarding the Restructuring Plan;
- (b) The resources each partner will provide to accomplish its designated responsibilities; and
- (c) **All compensation to each partner, whether direct or indirect.**

## Notes

### Authority

Authority: 12 U.S.C. 1715z-1 and 1735f-19(b); 42 U.S.C. 1437(c)(8), 1437f(t), 1437f note, and 3535(d).

### Source

Source: 65 FR 15485, Mar. 22, 2000, unless otherwise noted.