Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 552  /  Sec. 552.15 Supervisory combinations.

Notwithstanding the foregoing provisions of this part, the Director of the Office may waive or deem inapplicable any provision of Sec. 552.13 or Sec. 552.14 of this part if he or she determines that grounds exist, or may imminently exist, for appointment of a conservator or receiver for an association under subsection 5(d) of the Home Owners' Loan Act.