Regulations last checked for updates: Jun 18, 2024

Title 12 - Banks and Banking last revised: Jun 11, 2024
§ 5.65 - Restrictions on undercapitalized institutions.

Notwithstanding any other provision in this subpart, a national bank may not declare or pay any dividend if, after making the dividend, the national bank would be “undercapitalized” as defined in 12 CFR part 6.

authority: 12 U.S.C. 1
source: 61 FR 60363, Nov. 27, 1996, unless otherwise noted.
cite as: 12 CFR 5.65