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FDIC Enforcement Decisions and Orders

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{{2-28-94 p.TC-256}}
   [15,778] Docket No. FDIC-92-191e (12-22-93)

In the Matter of
MICHAEL J. WALTS,individually
and as an officer, director,
person participating in the
conduct of the affairs and/or
institution-affiliated party of;
BANK OF BELLEVUE
BELLEVUE, NEBRASKA;
TRI-COUNTY BANK & TRUST
BELLEVUE, NEBRASKA;

BOONE STATE BANK & TRUST CO.
BOONE, IOWA;

and
STANDARD STATE BANK & TRUST
CO.

INDEPENDENCE, MISSOURI
{{2-28-94 p.TC-257}}
(Insured State Nonmember Bank)
ORDER DISMISSING PROCEEDING
AGAINST MICHAEL J. WALTS
ONLY

   It is hereby ordered that the pending removal and prohibition proceeding against Roger A. Petersen, Rick R. Sanders and Michael J. Walts initiated by the Federal Deposit Insurance Corporation on September 2, 1992, pursuant to section 8(e) of the Federal Deposit Insurance Act, 12 U.S.C. § 1818(e), be, and hereby is, dismissed as to Respondent Walts only.
   Dated this 22nd day of December, 1993.
   Pursuant to delegated authority.

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Last Updated 6/6/2003 legal@fdic.gov