GroundRules
12 CFR 3.605: Issuance of a directive.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
- PART 3—CAPITAL ADEQUACY STANDARDS
- Subpart J—Issuance of a Directive
(a) A directive will be served by delivery to the national bank or Federal savings association. It will include or be accompanied by a statement of reasons for its issuance.
(b) A directive is effective immediately upon its receipt by the national bank or Federal savings association, or upon such later date as may be specified therein, and shall remain effective and enforceable until it is stayed, modified, or terminated by the OCC.
Collected 2026-08-27T02:24:16Z. Source file · JSON