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clarencebeaks21

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clarencebeaks21

Re: stockanalyze post# 765046

Thursday, 08/24/2023 11:05:06 PM

Thursday, August 24, 2023 11:05:06 PM

Post# of 798386
Treasury was able to “take distributions” only because the law authorized the Director to first make them. See the four specific reasons listed in 12 CFR 1237.12(b)1 through 12(b)4.

https://www.ecfr.gov/current/title-12/chapter-XII/subchapter-B/part-1237

Read on to 12 CFR 1237.13 to see the restriction on paying Securities Litigation Claims (“The Agency, as conservator, will not pay …”).
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