{"data":{"id":"us/12-cfr-1237.5","jurisdiction":"us","citation":"12 CFR 1237.5","heading":"Contracts entered into before appointment of a conservator or receiver.","body":"(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.\n(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.","path":["Title 12—Banks and Banking","CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY","SUBCHAPTER B—ENTITY REGULATIONS","PART 1237—CONSERVATORSHIP AND RECEIVERSHIP","Subpart A—Powers"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"059307a1fb3a7d242bba7f4654ac8e70faf7b721b682e5b9a04e822482218462","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1237.4","next":"us/12-cfr-1237.6"},"notice":"GroundRules: Original legal text. Not legal advice."}