[Code of Federal Regulations]
[Title 12 Volume 1]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR3.9]

[Page 15]
 
                       TITLE 12--BANKS AND BANKING
 
   CHAPTER I--COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
 
PART 3--MINIMUM CAPITAL RATIOS; ISSUANCE OF DIRECTIVES--Table of Contents
 
  Subpart C--Establishment of Minimum Capital Ratios for an Individual 
                                  Bank
 
Sec. 3.9  Purpose and scope.


    The rules and procedures specified in this subpart are applicable to 
a proceeding to establish required minimum capital ratios that would 
otherwise be applicable to a bank under Sec. 3.6. The OCC is authorized 
under 12 U.S.C. 3907 (a)(2) to establish such minimum capital 
requirements for a bank as the OCC, in its discretion, deems appropriate 
in light of the particular circumstances at that bank. Proceedings under 
this subpart also may be initiated to require a bank having capital 
ratios above those set forth in Sec. 3.6, or other legal authority to 
continue to maintain those higher ratios.

[55 FR 38800, Sept. 21, 1990]