Labels:book | reckoner | sky | tree | windowpane OCR: APPENDIX REGUI ATIONS 1. 12 C.F.R. 563. .39 (In Effect on Aptil 13 1982) provides: An insured institution shall you enter into ar employ- ment contract with any officers or other emp loyees such contraci PrnoM constitute unsafe or punosun practice Section 545 25 of this chapter contains the requirements of the Board as employment contracts by Federal savings and loan associations with their officers. The mal king of employment contrac by an insuted institution other than Federal association with any of ita officers employees will not be considered ta be an unsafe unsound practice merely for the reason that the con- tract varies from the fequirements of section 545 .25 1. However, the making of such an employment con- tract be an unsafe Or unsound practice such contract could lead to materi ...
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