[Code of Federal Regulations]
[Title 12, Volume 1]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR3.21]

[Page 18-19]
 
                       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 E_Issuance of a Directive
 
Sec. 3.21  Relation to other administrative actions.

    A directive may be issued in addition to, or in lieu of, any other 
action authorized by law, including cease and desist proceedings, civil 
money penalties, or the conditioning or denial of applications. The 
Office also may, in its discretion, take any action authorized by law, 
in lieu of a directive, in response to a bank's failure to achieve or 
maintain the applicable minimum capital ratios.

[[Page 19]]

                             Interpretations