{"abstract":"The OCC is issuing a final rule that repeals the OCC's employment contracts rule for Federal savings associations. This change was recommended in the March 2017 Economic Growth and Regulatory Paperwork Reduction Act report. The final rule also amends the OCC's rule for conversions from mutual to stock form of a savings association to reduce burden, provide clarity, increase flexibility, and update cross-references. Additionally, the final rule updates cross-references to repealed and integrated rules, removes unnecessary definitions, and makes technical changes to other OCC rules.","action":"Final rule and technical amendments.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/07/14/2020-12784.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"3","title":12},{"chapter":null,"citation_url":null,"part":"4","title":12},{"chapter":null,"citation_url":null,"part":"11","title":12},{"chapter":null,"citation_url":null,"part":"16","title":12},{"chapter":null,"citation_url":null,"part":"19","title":12},{"chapter":null,"citation_url":null,"part":"23","title":12},{"chapter":null,"citation_url":null,"part":"26","title":12},{"chapter":null,"citation_url":null,"part":"32","title":12},{"chapter":null,"citation_url":null,"part":"108","title":12},{"chapter":null,"citation_url":null,"part":"112","title":12},{"chapter":null,"citation_url":null,"part":"141","title":12},{"chapter":null,"citation_url":null,"part":"160","title":12},{"chapter":null,"citation_url":null,"part":"161","title":12},{"chapter":null,"citation_url":null,"part":"163","title":12},{"chapter":null,"citation_url":null,"part":"192","title":12},{"chapter":null,"citation_url":null,"part":"195","title":12}],"citation":"85 FR 42630","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This rule is effective on August 13, 2020.","disposition_notes":null,"docket_ids":["Docket ID OCC-2018-0041"],"dockets":[],"document_number":"2020-12784","effective_on":"2020-08-13","end_page":42661,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/07/14/2020-12784.xml","html_url":"https://www.federalregister.gov/documents/2020/07/14/2020-12784/employment-contracts-mutual-to-stock-conversions","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-12784?publication_date=2020-07-14","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-07-14/2020-12784/mods.xml","not_received_for_publication":null,"page_length":32,"page_views":{"count":1474,"last_updated":"2026-07-27 04:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-07-14/pdf/2020-12784.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-12784.pdf?1594393572","publication_date":"2020-07-14","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/07/14/2020-12784.txt","regulation_id_number_info":{"1557-AE21":{"issue":"202004","html_url":"https://www.federalregister.gov/regulations/1557-AE21/employment-contracts-mutual-to-stock-conversions-technical-amendments","title":"Employment Contracts, Mutual to Stock Conversions, Technical Amendments","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202004&RIN=1557-AE21&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1557-AE21"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=OCC-2018-0041","supporting_documents_count":0,"docket_id":"OCC-2018-0041","regulation_id_number":null,"title":"Employment Contracts, Mutual to Stock Conversions, Technical Amendments","checked_regulationsdotgov_at":"2020-07-17T08:30:08Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":42630,"subtype":null,"title":"Employment Contracts, Mutual to Stock Conversions","toc_doc":"Employment Contracts, Mutual to Stock Conversions","toc_subject":null,"topics":["Accounting","Administrative practice and procedure","Advertising","Antitrust","Banks, banking","Community development","Consumer protection","Credit","Crime","Currency","Equal access to justice","Freedom of information","Holding companies","Individuals with disabilities","Investigations","Investments","Manufactured homes","Minority businesses","Mortgages","Organization and functions (Government agencies)","Penalties","Reporting and recordkeeping requirements","Savings associations","Securities","Women"],"type":"Rule","volume":85}