Federal · Title 12 — Banks and Banking

12 U.S.C. § 2279bb: Enforcement levels

Read the full statutory text
maintains an amount of regulatory capital that is equal to or exceeds the risk-based capital level established under section 2279bb–1 of this title ; and equals or exceeds the minimum capital level established under section 2279bb–2 of this title . maintains an amount of regulatory capital that is less than the risk-based capital level; and equals or exceeds the minimum capital level; or the Corporation is otherwise classified as within level II under subsection (b) of this section. does not equal or exceed the minimum capital level; and equals or exceeds the critical capital level established under section 2279bb–3 of this title ; or the Corporation is otherwise classified as within level III under subsection (b) of this section. does not equal or exceed the critical capital level; or is otherwise classified as within level IV under subsection (b) of this section. as within level II, if the Corporation is otherwise within level I; as within level III, if the Corporation is otherwise within level II; or as within level IV, if the Corporation is otherwise within level III. The Director shall determine the classification of the Corporation for purposes of this part on not less than a quarterly basis (and as appropriate under subsection (b)). The first such determination shall be made for the quarter ending March 31, 1992 . that the Corporation is within such level; that the Corporation is subject to the provisions of section 2279bb–5 or 2279bb–6 of this title, as applicable; and stating the reasons for the classification of the Corporation within such level.

Verify at the official source: Federal legislative text

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.