Current through October 31, 2024
Section 6.23 - Decision and issuance of a prompt corrective action directive(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.