{"identifier":"/us/usc/t12/s214d","title":12,"num":"\u00a7\u202f214d.","heading":"Prohibition on conversion","text":"\u00a7\u202f214d.\nProhibition on conversion\nA national banking association may not convert to a State bank or State savings association during any period in which the national banking association is subject to a cease and desist order (or other formal enforcement order) issued by, or a memorandum of understanding entered into with, the Comptroller of the Currency with respect to a significant supervisory matter.","url":"https://projectusc.org/usc/t12/s214d.html","content":[{"t":"sec","id":"/us/usc/t12/s214d","children":[{"t":"num","text":"\u00a7\u202f214d."},{"t":"heading","text":"Prohibition on conversion"},{"t":"content","text":"\n","children":[{"t":"p","text":"A national banking association may not convert to a State bank or State savings association during any period in which the national banking association is subject to a cease and desist order (or other formal enforcement order) issued by, or a memorandum of understanding entered into with, the Comptroller of the Currency with respect to a significant supervisory matter.","tail":"\n"}]},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}