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12 CFR 19.220

§ 19.220 Scope.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 19.220, § 19.220 Scope, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43207
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Full text

This subpart applies to the procedures afforded to any insured depository institution that has been reclassified to a lower capital category by a notice or order issued by the OCC pursuant to section 38 of the FDIA (12 U.S.C. 1831o) and 12 CFR part 6 (prompt corrective action). For purposes of this subpart, insured depository institution means an insured national bank, an insured Federal savings association, an insured Federal savings bank, or an insured Federal branch of a foreign bank.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.