legal · go-v.org

Order to dismiss a director or senior executive officer.

CFR · 2024-01-01 · US · Title 12

(a) (b) (2) (3) (c) (d) (2) (3) (4) (5) (6) (e) (1) To become adequately capitalized, to the extent that the directive was issued as a result of the insured depository institution's capital level or failure to submit or implement a capital restoration plan; and (2) To correct the unsafe or unsound condition or unsafe or unsound practice, to the extent that the directive was issued as a result of classification of the insured depository institution based on supervisory criteria other than capital, pursuant to section 38(g) of the FDIA. (f) (g)

official document · source cfr-2024 · id 12:§ 19.231