Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 563b  /  Sec. 563b.290 What will OTS do if a solicitation violates these prohibitions?

(a) If a solicitation violates Sec. 563b.285, OTS 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) OTS may also bring an enforcement action against the violator.