Mandatory and discretionary supervisory actions.

CFR · 2024-01-01 · US · Title 12

(a) (2) (i) Restricting payment of distributions and management fees (section 38(d)); (ii) Requiring that the OCC monitor the condition of the national bank or Federal savings association (section 38(e)(1)); (iii) Requiring submission of a capital restoration plan within the schedule established in this subpart (section 38(e)(2)); (iv) Restricting the growth of the national bank's or Federal savings association's assets (section 38(e)(3)); and (v) Requiring prior approval of certain expansion proposals (section 38(e)(4)). (3) (4) (i) Restricting the activities of the national bank or Federal savings association (section 38 (h)(1)); and (ii) Restricting payments on subordinated debt of the national bank or Federal savings association (section 38 (h)(2)). (b)

official document · source cfr-2024 · id 12:§ 6.6