1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter I - COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
  4. Part 5 - RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES
  5. Subpart E - Payment of Dividends by National Banks
  6. 12 CFR § 5.65
12 CFR § 5.65
Restrictions on undercapitalized institutions
November 10, 2020
CFR

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.

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§ 5.64 Earnings limitation under 12 U.S.C. 60
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§ 5.66 Dividends payable in property other than cash

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