The appropriate Federal banking agency may, with respect to any undercapitalized insured depository institution, take actions described in any subparagraph of subsection (f)(2) if the agency determines that those actions are necessary to carry out the purpose of this section.

← Prior approval required for acquisitions, branching, and new lines of business

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us/statute/12/1831o/e/5 — Discretionary safeguards · Axiom

Axiom
US Federal
Statutes
Title 12
§ 1831o
(e)
(5)

Discretionary safeguards

Official source

← Prior approval required for acquisitions, branching, and new lines of business

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statutes/12/1831o.yaml

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