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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 2— NATIONAL BANKS · SUBCHAPTER XV— CONVERSION OF NATIONAL BANKS INTO STATE BANKS · § 214d

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§ 214d. Prohibition on conversion

118 words·~1 min read·/usc/title-12/section-214d

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.

(Aug. 17, 1950, ch. 729, § 10, as added Pub. L. 111–203, title VI, § 612(a), July 21, 2010, 124 Stat. 1612.)

Connections11 cite this · traces to 1

Cited by 11 sections · top 5

U.S. Code

§ 35
Organization of State banks as national banking associations

CFR

§ 5.25
Conversion from a national bank or Federal savings association to a State bank or State savings association.

register

statutes-at-large

Public Law 111–203
To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes

Traces to 1 document

U.S. Code

Definitions
§ 5301

4 references not yet in our index

Aug. 17, 1950, ch. 729, § 10
Pub. L. 111–203, title VI, § 612(a)
124 Stat. 1612
section 4 of Pub. L. 111–203

Citation graph

cites case law

§ 214d

Prohibition on conversion

Fed. Reg.×8

C.F.R.×1

Stat.×1

U.S.C.×1

ActAug. 17, 1950, ch. 729, § 10

Pub. L.Pub. L. 111–203, title VI, § 612(a)

Stat.124 Stat. 1612

Pub. L.section 4 of Pub. L. 111–203

Cites 5Cited by 11 across 4 sources