12 CFR 19.222
§ 19.222 Request for rescission of reclassification.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 19.222, § 19.222 Request for rescission of reclassification, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43209
- Permanent ID
ys:prov:43209@1- SHA-256
190e33c7f0bd0a0a989bc27d42c6d1a5851675ec9cf8557be89a91e85fd15890
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Full text
Any insured depository institution that has been reclassified under part 6 of this chapter and this subpart, may, upon a change in circumstances, request in writing that the OCC reconsider the reclassification, and may propose that the reclassification be rescinded and that any directives issued in connection with the reclassification be modified, rescinded, or removed. Unless otherwise ordered by the OCC, the insured depository institution will remain subject to the reclassification and to any directives issued in connection with that reclassification while such request is pending before 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.