§ 6.23 Decision and issuance of a prompt corrective action directive.
Current through Oct 1, 2026 · Read all of Part 6
(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]