12 CFR 6.23 - Decision and issuance of a prompt corrective action directive.

Code of Federal Regulations - Title 12: Banks and Banking

Linked as:

Text


Title 12: Banks and Banking

CHAPTER I: COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY

PART 6: PROMPT CORRECTIVE ACTION

Subpart B: Directives To Take Prompt Corrective Action

6.23 - Decision and issuance of a prompt corrective action directive.

(a) OCC consideration of response. After considering the response, the OCC may:

(1) Issue the directive as proposed or in modified form;

(2) Determine not to issue the directive and so notify the bank; or

(3) Seek additional information or clarification of the response from the bank, or any other relevant source.

(b) [Reserved]

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company