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bogdanovich [222]
4 years ago
5

Saving and loans associations are not subject to federal regulations

Business
1 answer:
irga5000 [103]4 years ago
6 0

ANSWER: The answer is false.

Explanation: Under (12)US code 1464 of Federal Regulations, saving and loan are regulated. These savings are not regulated by heavy banks but they are  still subject to federal regulations. They are also known as S&L's. The regulation is applied to those S&L's industry which come out of the Savings and Loan's Crisis of the 1980.

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