An Alabama State court denied Alabama One's request to temporarily restrain the Alabama Credit Union Administration from enforcing its April 2 cease and desist order
, according to legal sources and Alabama One members in the Tuscaloosa, Ala.
The court is deeply concerned about the ability of the Attorney General to issue cease and desist orders
, prior to the conclusion of the investigation, prior to any negative findings, prior to any hearings, and prior to permitting submission of documents and evidence by the Farney Daniels law firm.
The new management team successfully led the bank's turnaround efforts, and to address the capital requirement, Anchor BanCorp also completed a USD175m recapitalisation and reorganisation, following which its capital levels exceeded the requirment under the terms of the bank's Cease and Desist Order
Berjac needed ready cash to fund both of these lines of business, financing insurance premiums and making construction loans, the cease and desist order
NTN will carefully assess and check the content of cease and desist order
and surcharge payment order, and cautiously consider the most appropriate response to be taken.
We are extremely pleased that our efforts to comply with the terms of the Cease and Desist Order
have been recognized by the FDIC.
A parsing of non-related sections of the Alabama Code to advance the position that a cease and desist order
may not require a credit union to do something in response to the stated violations is preposterous," the ACUA declared in its argument.
The Federal Reserve Board announced on August 1, 2005, the issuance of a cease and desist order
and order of assessment of a civil money penalty against Frank French, a former institution-affiliated party of the Montana State Bank, Plentywood, Montana.
She was licensed as a registered nurse, However, her licensure as a registered nurse was obtained by virtue of her failure to disclose that she had been the subject of a cease and desist order
relative to her direct-entry or lay midwife practice.
The California cease and desist order
also prohibits Radian from offering its RLP product in any other state or it will risk losing its license to sell mortgage guaranty insurance in California.
The Federal Reserve issued a cease and desist order
against BCCI in June 1989 designed to strengthen the U.
in New York and Los Angeles are to be terminated by year-end under another Federal Reserve cease and desist order
Boosales, consented to an administrative cease and desist order
regarding books and records, internal controls, and reporting provisions of the Securities Exchange Act of 1934.
In addition, his leadership was instrumental in causing regulatory authorities to lift a cease and desist order
from Treasure Valley.
On March 4, 1991, the Board issued a second cease and desist order
against BCCI, in part, to address concerns about the funding of its U.