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e-CFR data is current as of August 10, 2020

Title 12Chapter IPart 51 → §51.1


Title 12: Banks and Banking
PART 51—RECEIVERSHIPS FOR UNINSURED NATIONAL BANKS


§51.1   Purpose and scope.

(a) Purpose. This part sets out procedures for receiverships of national banks conducted by the Office of the Comptroller of the Currency (OCC) under the receivership provisions of the National Bank Act (NBA). These receivership provisions apply to national banks that are not insured by the Federal Deposit Insurance Corporation (FDIC).

(b) Scope. This part applies to the appointment of a receiver for uninsured national banks (uninsured banks) and the operation of a receivership after appointment of a receiver for an uninsured bank under 12 U.S.C. 191.31

31This part does not apply to receiverships for uninsured Federal branches or uninsured Federal agencies.

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