visitorial
- adjective
- /vɪˈzɪtɔːriəl/
- UK
- At the same time, OCC has promulgated regulations giving an expansive interpretation to its visitorial powers under 12 U.S.C. 484(a).
- visitorial powers
- Visitorial Powers Regulations
- visitorial power
Examples
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Comity and federalism are especially appropriate because state authorities are at least as well equipped as their federal counterparts to monitor compliance by national banks with state law, and to do so without trampling OCC's visitorial powers or its independent authority to correct unsafe or unsound practices and bring enforcement actions for violations of law.
Academic text (2006) -
Similarly, on the visitorial powers issue, OCC has prevailed as intervenor or amicus curiae in several cases in which state authorities were enjoined from regulating mortgage banking operating subsidiaries of national banks.
Academic text (2006) -
In such circumstances, the Visitorial Powers Regulations appear anomalous at best.
Academic text (2006) -
B. OCC's Preemption and Visitorial Powers Regulations
Academic text (2006) -
However, a few observations about the legal and policy underpinnings of the Preemption Regulations and the Visitorial Powers Regulations are appropriate beforehand.
Academic text (2006) -
OCC's record of success on its preemption and visitorial powers claims eloquently attests to this.
Academic text (2006) -
After briefly summarizing the consumer protection interests at stake and the role of the states in vindicating those interests, Part I of this article highlights some of the more problematic aspects of OCC's Preemption Regulations and Visitorial Powers Regulations, and considers appropriate limitations on the powers of national bank operating subsidiaries.
Academic text (2006) -
The CEO emphasized the importance of maintaining strong visitorial oversight to ensure compliance with regulations.
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The board meeting focused on the visitorial responsibilities assigned to each committee for effective governance.
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Authorities are expected to exercise their visitorial rights to monitor compliance with safety standards.
Synonyms
Relating to checking something carefully to make sure it is safe or works
How Authoritative
Surface Forms
Morphology
Etymology
Visitorial comes from the old Latin verb visitare meaning 'to go to see', and it shares the root with the simple English word visitor. Long ago officials would 'visit' a school or church to check its work, so visitorial now often means the power or right to inspect and supervise.