{"identifier":"/us/usc/t12/s191","title":12,"num":"\u00a7\u202f191.","heading":"Appointment of receiver for a national bank","text":"\u00a7\u202f191.\nAppointment of receiver for a national bank\n(a)\nIn general\nThe Comptroller of the Currency may, without prior notice or hearings, appoint a receiver for any national bank (and such receiver shall be the Federal Deposit Insurance Corporation if the national bank is an insured bank (as defined in\n(1) 1 or more of the grounds specified in\nsection 1821(c)(5) of this title\n(2) the association\u2019s board of directors consists of fewer than 5 members.\n(b)\nJudicial review\nIf the Comptroller of the Currency appoints a receiver under subsection (a), the national bank may, within 30 days thereafter, bring an action in the United States district court for the judicial district in which the home office of such bank is located, or in the United States District Court for the District of Columbia, for an order requiring the Comptroller of the Currency to remove the receiver, and the court shall, upon the merits, dismiss such action or direct the Comptroller of the Currency to remove the receiver.","url":"https://projectusc.org/usc/t12/s191.html","content":[{"t":"sec","id":"/us/usc/t12/s191","children":[{"t":"num","text":"\u00a7\u202f191."},{"t":"heading","text":"Appointment of receiver for a national bank"},{"t":"subsec","id":"/us/usc/t12/s191/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"In general"},{"t":"chapeau","text":"The Comptroller of the Currency may, without prior notice or hearings, appoint a receiver for any national bank (and such receiver shall be the Federal Deposit Insurance Corporation if the national bank is an insured bank (as defined in ","children":[{"t":"ref","text":"section 1813(h) of this title","href":"/us/usc/t12/s1813/h","tail":")) if the Comptroller determines, in the Comptroller\u2019s discretion, that\u2014"}]},{"t":"para","id":"/us/usc/t12/s191/a/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" 1 or more of the grounds specified in ","children":[{"t":"ref","text":"section 1821(c)(5) of this title","href":"/us/usc/t12/s1821/c/5","tail":" exist; or"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s191/a/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" the association\u2019s board of directors consists of fewer than 5 members.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t12/s191/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Judicial review"},{"t":"content","children":[{"t":"p","text":"If the Comptroller of the Currency appoints a receiver under subsection (a), the national bank may, within 30 days thereafter, bring an action in the United States district court for the judicial district in which the home office of such bank is located, or in the United States District Court for the District of Columbia, for an order requiring the Comptroller of the Currency to remove the receiver, and the court shall, upon the merits, dismiss such action or direct the Comptroller of the Currency to remove the receiver.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}