12 CFR 3.602 – Notice of intent to issue a directive
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The OCC will notify a national bank or Federal savings association in writing of its intention to issue a directive. The notice will state:
Terms Used In 12 CFR 3.602
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
(a) Reasons for issuance of the directive; and
(b) The proposed contents of the directive.