12 CFR 263.451 - Definitions.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Subpart K [§ 263.450 - § 263.457]

§ 263.451 - Definitions.

As used in this subpart:

(a) Formal investigative proceeding means an investigation conducted pursuant to an order of investigation as provided in § 263.452(a).

(b) Designated representative means the person or persons empowered by the Board or by the General Counsel or his or her designees in accordance with 12 CFR 265.6 to conduct a formal investigative proceeding.

authority: 5 U.S.C. 504,554; 12 U.S.C. 248,324,334,347a,504,505,1464,1467,1467a,1817,1818,1820,1829,1831o,1831p,1832,1847,1847,1884,1972,3105,3108,3110,3349,3907,3909,4717,5323,5362,5365,5463,5464,5466,5467; 15 U.S.C. 21,78l,78o,78o,78u; 1639e(K); 28 U.S.C. 2461 note; 31 U.S.C. 5321; and 42 U.S.C. 4012a.

source: 56 FR 38052, Aug. 9, 1991, unless otherwise noted.

cite as: 12 CFR 263.451