12 CFR 192.290 - Remedial measures for prohibited solicitations.

Regulations last checked for updates: Oct 17, 2024

Title 12 - Banks and Banking last revised: Oct 15, 2024

§ 192.290 - Remedial measures for prohibited solicitations.

(a) In general. If a solicitation violates § 192.285, the appropriate Federal banking agency may require remedial measures, including:

(1) Correction of the violation by a retraction and a new solicitation;

(2) Rescheduling the members' meeting; or

(3) Any other actions necessary to ensure a fair vote.

(b) Other action. The appropriate Federal banking agency also may bring an enforcement action against the violator.

authority: 12 U.S.C. 1462a,1463,1464,1467a,2901

source: 85 FR 42643, July 14, 2020, unless otherwise noted.

cite as: 12 CFR 192.290