12 U.S.C. § 214d
Title 12
Chapter 2
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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§ 214d. Prohibition on conversion
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.
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