StacksVerified U.S. regulatory reference

12 CFR §1237.5

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)The conservator or receiver for any regulated entity may disaffirm or repudiate any contract or lease to which such regulated entity is a party pursuant to section 1367(d) of the Safety and Soundness Act.
  2. (b)For purposes of section 1367(d)(2) of the Safety and Soundness Act, a reasonable period shall be defined as a period of 18 months following the appointment of a conservator or receiver.