[Code of Federal Regulations]
[Title 12, Volume 4]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR337.11]

[Page 316-317]
 
                       TITLE 12--BANKS AND BANKING
 
           CHAPTER III--FEDERAL DEPOSIT INSURANCE CORPORATION
 
PART 337_UNSAFE AND UNSOUND BANKING PRACTICES--Table of Contents
 
Sec. 337.11  Effect on other banking practices.

    Nothing in this part shall be construed as restricting in any manner 
the

[[Page 317]]

Corporation's authority to deal with any banking practice which is 
deemed to be unsafe or unsound or otherwise not in accordance with law, 
rule, or regulation; or which violates any condition imposed in writing 
by the Corporation in connection with the granting of any application or 
other request by an insured State nonmember bank, or any written 
agreement entered into by such bank with the Corporation. Compliance 
with the provisions of this part shall not relieve an insured State 
nonmember bank from its duty to conduct its operations in a safe and 
sound manner nor prevent the Corporation from taking whatever action it 
deems necessary and desirable to deal with specific acts or practices 
which, although they do not violate the provisions of this part, are 
considered detrimental to the safety and sound operation of the bank 
engaged therein.