{"data":{"id":"us/12-u.s.c.-214d","jurisdiction":"us","citation":"12 U.S.C. § 214d","heading":"Prohibition on conversion","body":"A national banking association may not convert to a State bank or State savings association during any period in which the national banking association is subject to a cease and desist order (or other formal enforcement order) issued by, or a memorandum of understanding entered into with, the Comptroller of the Currency with respect to a significant supervisory matter.","path":["Title 12—BANKS AND BANKING","CHAPTER 2—NATIONAL BANKS"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc12@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:24Z","sha256":"5b738083a841e4c94abfde92a567ea320d83e51c64daa2b78ff487122d6f5221","source_id":"us","stale":true,"prev":"us/12-u.s.c.-214c","next":"us/12-u.s.c.-215"},"notice":"GroundRules: Original legal text. Not legal advice."}