FINANCIAL SUBSIDIARIES. (1) As a result of the findings of the 2009 examination as expressed in the Bank’s most recent XXX, dated June 30, 2009, the Comptroller has determined and notified the Bank that it is no longer in compliance with the conditions and requirements required to maintain control of a financial subsidiary pursuant to 12 USC § 24a(e)(1) and 12 CFR § 5.39(j)(1).
Appears in 2 contracts
FINANCIAL SUBSIDIARIES. (1) As a result of the findings of the 2009 2008 examination as expressed in the Bank’s most recent XXX, dated June September 30, 20092008, the Comptroller has determined and notified the Bank that it is no longer in compliance with the conditions and requirements required to maintain control of a financial subsidiary pursuant to 12 USC U.S.C. § 24a(e)(1) and 12 CFR C.F.R. § 5.39(j)(1).
Appears in 2 contracts