12 C.F.R. · Banks and Banking
12 C.F.R. § 51.1

Purpose and scope.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 51.1 — Purpose and scope.

§ 51.1 Purpose and scope. (a) Purpose. This part sets out procedures for receiverships of national banks conducted by the Office of the Comptroller of the Currency (OCC) under the receivership provisions of the National Bank Act (NBA). These receivership provisions apply to national banks that are not insured by the Federal Deposit Insurance Corporation (FDIC). (b) Scope. This part applies to the appointment of a receiver for uninsured national banks (uninsured banks) and the operation of a receivership after appointment of a receiver for an uninsured bank under 12 U.S.C. 191. 31 31  This part does not apply to receiverships for uninsured Federal branches or uninsured Federal agencies.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR12-SEC-338F25
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boisestandard.org
Citation
12 C.F.R. § 51.1
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The regulatory text of 12 C.F.R. § 51.1 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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