Common use of Action Plan Clause in Contracts

Action Plan. (1) Within ninety (90) days of the effective date of this Agreement, the Board shall develop and adopt a written action plan to complete all steps necessary to cause the Bank to comply with all requirements set forth in 12 U.S.C. § 24a and 12 C.F.R. § 5.39 for a national bank that has established or maintains a financial subsidiary.

Appears in 3 contracts

Samples: www.occ.gov, www.occ.gov, occ.gov

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Action Plan. (1) Within ninety Not later than one hundred eighty (90180) days after receipt of the effective date of this AgreementNotice, the Board shall develop and adopt a written action plan to complete all steps necessary to cause the Bank to comply with all requirements set forth in 12 U.S.C. § 24a and 12 C.F.R. § 5.39 for a national bank that has established or maintains a financial subsidiary.

Appears in 1 contract

Samples: occ.gov

Action Plan. (1) Within ninety (90) days of the effective date of this Agreement, agreement the Board shall develop and adopt a written action plan to complete all steps necessary to cause the Bank to comply with all requirements set forth in 12 U.S.C. § 24a and 12 C.F.R. § 5.39 for a national bank that has established or maintains a financial subsidiary.

Appears in 1 contract

Samples: www.occ.gov

Action Plan. (1) Within ninety thirty (9030) days of the effective date of this Agreementdays, the Board shall develop and adopt a written action plan to complete all steps necessary to cause the Bank to comply with all the requirements set forth in subsections (a)(2)(C) and (d) of 12 U.S.C. § 24a 24a, and paragraphs (g) and (h) of 12 C.F.R. § 5.39 for a national bank that has established or maintains a financial subsidiary5.39.

Appears in 1 contract

Samples: www.occ.gov

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Action Plan. (1) Within ninety (90) days of the effective date of this Agreement, the Board shall develop submit to the Deputy Comptroller for review and adopt a prior written determination of no supervisory objection an acceptable action plan to complete all steps necessary to cause the Bank to comply with all requirements set forth in 12 U.S.C. § 24a and 12 C.F.R. § 5.39 for a national bank that has established or maintains a financial subsidiary.

Appears in 1 contract

Samples: occ.gov

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