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12 U.S.C. § 5387

Title 12 Chapter 53 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 5387. Directors not liable for acquiescing in appointment of receiver

The members of the board of directors (or body performing similar functions) of a covered financial company shall not be liable to the shareholders or creditors thereof for acquiescing in or consenting in good faith to the appointment of the Corporation as receiver for the covered financial company under section 5383 of this title .

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