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TREAS/OCC | RIN: 1557-AE21 | Publication ID: Fall 2018 |
Title: Federal Savings Association Employment Contracts and Technical Changes to Various OCC Rules | |
Abstract:
The OCC plans to issue a proposed rule to remove the requirement that the board of directors of a Federal savings association approve employment contracts with all employees. The OCC is considering limiting the approval requirement only to contracts with senior executives. |
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Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: Undetermined |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 163 | |
Legal Authority: 12 U.S.C. 1462a 12 U.S.C. 1463 12 U.S.C. 1464 12 U.S.C. 1467a 12 U.S.C. 1817 12 U.S.C. 1820 12 U.S.C. 1828 12 U.S.C. 1831o 12 U.S.C. 3806 12 U.S.C. 5101 et seq. 12 U.S.C. 5412(b)(2)(B) 31 U.S.C. 5318 42 U.S.C. 4106 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
Federalism: Undetermined | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Marta Stewart-Bates Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 425 South Financial Place, Suite 1700, Chicago, IL 60605-1073 Phone:202 649-5609 Email: marta.stewart-bates@occ.treas.gov |