12 CFR 3.605
§ 3.605 Issuance of a directive.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 3.605, § 3.605 Issuance of a directive, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/42812
- Permanent ID
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99109216b47c3332eda1634081871fe0342baccc89ffcee746ca0c3b79cec0c1
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Full text
(a) A directive will be served by delivery to the national bank or Federal savings association. It will include or be accompanied by a statement of reasons for its issuance.
(b) A directive is effective immediately upon its receipt by the national bank or Federal savings association, or upon such later date as may be specified therein, and shall remain effective and enforceable until it is stayed, modified, or terminated by the OCC.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.