{"data":{"id":"us/12-u.s.c.-5387","jurisdiction":"us","citation":"12 U.S.C. § 5387","heading":"Directors not liable for acquiescing in appointment of receiver","body":"The members of the board of directors (or body performing similar functions) of a covered financial company shall not be liable to the shareholders or creditors thereof for acquiescing in or consenting in good faith to the appointment of the Corporation as receiver for the covered financial company under section 5383 of this title.","path":["Title 12—BANKS AND BANKING","CHAPTER 53—WALL STREET REFORM AND CONSUMER PROTECTION"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc12@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:24Z","sha256":"c78f6095b7728e603309aa7fe114500802bfcae99c917feec95e96510cc19668","source_id":"us","stale":true,"prev":"us/12-u.s.c.-5386","next":"us/12-u.s.c.-5388"},"notice":"GroundRules: Original legal text. Not legal advice."}