---
kind: "section"
citation: "12 U.S.C. § 214d"
title: "12"
title_heading: "Banks and Banking"
number: "214d"
heading: "Prohibition on conversion"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/214d"
units:
  - "Chapter 2 — National Banks"
  - "Subchapter XV — Conversion of National Banks into State Banks"
---

# §214d. Prohibition on conversion


A [national banking association](/usc/12/214.md?p=b) may not convert to a [State bank](/usc/12/214.md?p=a) or [State savings association](/usc/12/1861.md?p=b-9) during any period in which the [national banking association](/usc/12/214.md?p=b) is subject to a cease and desist order (or other formal enforcement order) issued by, or a memorandum of understanding entered into with, the Comptroller of the Currency with respect to a significant supervisory matter.


## Source credit

(Aug. 17, 1950, ch. 729, § 10, as added Pub. L. 111–203, title VI, § 612(a), July 21, 2010, 124 Stat. 1612.)

## Notes

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of this title.