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12 U.S.C. · Banks and Banking
12 U.S.C. § 214d

Prohibition on conversion

Ch. 2 — NATIONAL BANKS
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 2
Statutory Text

12 U.S.C. § 214d — Prohibition on conversion

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 2 - NATIONAL BANKS SUBCHAPTER XV - CONVERSION OF NATIONAL BANKS INTO STATE BANKS Sec. 214d - Prohibition on conversion From the U.S. Government Publishing Office, www.gpo.gov

§214d. Prohibition on conversion

A national banking association may not convert to a State bank or State savings association during any period in which the national banking association is subject to a cease and desist order (or other formal enforcement order) issued by, or a memorandum of understanding entered into with, the Comptroller of the Currency with respect to a significant supervisory matter.

(Aug. 17, 1950, ch. 729, §10, as added Pub. L. 111–203, title VI, §612(a), July 21, 2010, 124 Stat. 1612.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of this title.

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC12-SEC-28A3AB
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 214d
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
9f4129387afd5d15...
Semantic Edges
Pending — corpus passes queued
The statutory text of 12 U.S.C. § 214d is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 214c 12 U.S.C. § 215 →
Ch. 2 — NATIONAL BANKS
12 U.S.C. § 2112 U.S.C. § 21a12 U.S.C. § 2212 U.S.C. § 2312 U.S.C. § 2412 U.S.C. § 24a12 U.S.C. § 2512 U.S.C. § 25a12 U.S.C. § 25b12 U.S.C. § 2612 U.S.C. § 2712 U.S.C. § 2812 U.S.C. § 2912 U.S.C. § 3012 U.S.C. § 3112 U.S.C. § 3212 U.S.C. § 3312 U.S.C. § 3512 U.S.C. § 3612 U.S.C. § 3712 U.S.C. § 3812 U.S.C. § 3912 U.S.C. § 4012 U.S.C. § 4112 U.S.C. § 4212 U.S.C. § 4312 U.S.C. § 5112 U.S.C. § 51a12 U.S.C. § 51b12 U.S.C. § 51b1
12 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 12 → 12 U.S.C. § 214d