OTHER REAL ESTATE OWNED. (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall address:
Appears in 5 contracts
Samples: occ.gov, www.occ.gov, www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) daysdays of the date of this Agreement, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall address:
Appears in 3 contracts
Samples: Agreement by And (Wilber CORP), www.occ.gov, occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. C.F.R. § 29 160.172 (Re-evaluation of OREO) and 12 C.F.R. Part 34164 (Appraisals). The policy shall address:
Appears in 2 contracts
Samples: Agreement by And, Agreement by and Between (Colonial Financial Services, Inc.)
OTHER REAL ESTATE OWNED. (1) Within sixty thirty (6030) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall address:
Appears in 2 contracts
Samples: Agreement by And (Southern First Bancshares Inc), www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty ninety (6090) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. 34 Subpart E. The policy shall address:
Appears in 2 contracts
Samples: Agreement (Britton & Koontz Capital Corp), www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty forty-five (6045) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 C.F.R. Section 160.172 and the definition of “Equity Investments in Real Property” at 12 C.F.R. Part 34Section 167.1. The policy shall address:
Appears in 1 contract
Samples: www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) calendar days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall shall, at a minimum, address:
Appears in 1 contract
Samples: www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 160.172 (Re-evaluation of OREO) and 12 C.F.R. Part 34164 (Appraisals). The policy shall address:address the proper accounting procedures for OREO properties from transfer to the Bank and until and upon sale to a third party.
Appears in 1 contract
Samples: www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty thirty (6030) daysdays of the date of this Agreement, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy program to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall program shall, at a minimum, address:
Appears in 1 contract
Samples: www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy program to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 3434 and the “Other Real Estate Owned” booklet of the Comptroller’s Handbook. The policy shall program shall, at a minimum, address:
Appears in 1 contract
Samples: occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) daysdays of this Agreement, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy program to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall program shall, at a minimum, address:
Appears in 1 contract
Samples: Agreement by And
OTHER REAL ESTATE OWNED. (1) Within sixty (60) daysdays of the date of this Agreement, the Board shall adopt, implement, and thereafter ensure Bank adherence to a revised policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall address:
Appears in 1 contract
Samples: www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty thirty (6030) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a bank-wide policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part § 34. The policy shall address:
Appears in 1 contract
Samples: Formal Agreement
OTHER REAL ESTATE OWNED. (1) Within The Board shall, within sixty (60) daysdays after receipt of no supervisory objective from the Assistant Deputy Comptroller pursuant to paragraph (2) of this Article, the Board shall adopt, implement, and thereafter ensure Bank adherence to a policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall address:
Appears in 1 contract
Samples: www.occ.gov
OTHER REAL ESTATE OWNED. (1) Within sixty (60) days, the Board shall adoptreview, implementrevise as necessary, and thereafter ensure Bank adherence to a its policy to ensure that Other Real Estate Owned (“OREO”) is managed in accordance with 12 U.S.C. § 29 and 12 C.F.R. Part 34. The policy shall address:
Appears in 1 contract
Samples: www.occ.gov
