Regulations last checked for updates: Nov 24, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024
All TitlesTitle 12Chapter VIPart 622Subpart B - Subpart B—Rules and Procedures for Assessment and Collection of Civil Money Penalties
View all text of Subpart B [§ 622.51 - § 622.75]
§ 622.56 - Request for formal hearing on assessment.

An institution or person being assessed may request a formal hearing to challenge the assessment of a civil money penalty. The request must be filed in writing, within 10 days of the issuance of the notice of assessment, with the Chairman of the Board, FCA, 1501 Farm Credit Drive, McLean, VA 22102-5090.

authority: Secs. 5.9, 5.10, 5.17, 5.25-5.37 of the Farm Credit Act (12 U.S.C. 2243,2244,2252,2261; 28 U.S.C. 2461 note; and 42 U.S.C. 4012a(f)
source: 51 FR 21139, June 11, 1986, unless otherwise noted.
cite as: 12 CFR 622.56
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