12 C.F.R. § 6.23

Decision and issuance of a prompt corrective action directive.

Last amended: 2017Year: 2026Length: 64 wordsSubsections: 1Official source

Cite as 12 C.F.R. § 6.23 (2026)

(a) OCC consideration of response. After considering the response, the OCC may: (1) Issue the directive as proposed or in modified form; (2) Determine not to issue the directive and so notify the national bank or Federal savings association; or (3) Seek additional information or clarification of the response from the national bank or Federal savings association, or any other relevant source. (b) [Reserved]
12 C.F.R. § 6.23: Decision and issuance of a prompt corrective action directive. | Justis AI