Action Taken When the DTC Sets

WARNING: This page is about a different car, the 2007 Cadillac DTS. However, it is still accessible from the selected car via links, so may be relevant.

The TCM requests the engine control module (ECM) to illuminate the malfunction indicator lamp (MIL) during the second consecutive trip in which the Conditions for Setting the DTC are met.
The TCM commands maximum line pressure.
The TCM forces TCC OFF.
The TCM inhibits TCC solenoid.
The TCM inhibits fourth gear if the transmission is in Hot Mode.
The TCM freezes transmission adaptive function.
The ECM records the operating conditions when the Conditions for Setting the DTC are met. The ECM stores this information as Freeze Frame and Failure Records and the TCM records the operating conditions when the Conditions for Setting the DTC are met. The TCM stores this information as Failure Records.
The TCM stores DTC P2763 in TCM history.