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]
§ 622.58 - Hearing on assessment.

(a) Time and place. An institution or person requesting a hearing will be informed by order of the Board of the time and place set for hearing.

(b) Answer; procedures. The hearing order may require the institution or person requesting the hearing to file an answer as prescribed in § 622.5 of subpart A. The procedures of the Administrative Procedure Act (5 U.S.C. 554-557) and subpart A of these rules will apply to the hearing.

[51 FR 21139, June 11, 1986, as amended at 70 FR 12585, Mar. 15, 2005]
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 622.58
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