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Receiverships for Uninsured National Banks

banking-occ · OCC · Rule · Published 2016-12-20 · Effective 2017-01-19 · 81 FR 92594

Document

Document number
2016-30666
Federal Register citation
81 FR 92594
CFR reference
12 CFR 51
Type
Rule
Action
Final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
2016-12-20
Effective date
2017-01-19
Treasury docket
Docket ID OCC-2016-0017

Abstract

The Office of the Comptroller of the Currency (OCC) is adopting a final rule addressing the conduct of receiverships for national banks that are not insured by the Federal Deposit Insurance Corporation (FDIC) (uninsured banks) and for which the FDIC would not be appointed as receiver. The final rule implements the provisions of the National Bank Act (NBA) that provide the legal framework for receiverships of such institutions. The final rule adopts the rule as proposed without change.

Source

Authoritative
Federal Register document
Machine
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