12 CFR § 1242.8 - No limiting effect or private right of action.

---
identifier: "/us/cfr/t12/s1242.8"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1242.8 - No limiting effect or private right of action."
title_number: 12
title_name: "Banks and Banking"
section_number: "1242.8"
section_name: "No limiting effect or private right of action."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "C"
subchapter_name: "ENTERPRISES"
part_number: "1242"
part_name: "RESOLUTION PLANNING"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4511; 12 U.S.C. 4513; 12 U.S.C. 4513b; 12 U.S.C. 4514; 12 U.S.C. 4517; 12 U.S.C. 4526; and 12 U.S.C. 4617."
regulatory_source: "86 FR 23587, May 4, 2021, unless otherwise noted."
cfr_part: "1242"
---


# 1242.8 No limiting effect or private right of action.

(a) *No limiting effect on resolution proceedings.* A resolution plan submitted pursuant to this part shall not have any binding effect on FHFA when appointed as conservator or receiver under 12 U.S.C. 4617.

(b) *No private right of action.* Nothing in this part creates or is intended to create a private right of action based on a resolution plan prepared or submitted under this part or based on any action taken by FHFA with respect to any resolution plan submitted under this part.