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Electronic Code of Federal Regulations

e-CFR Data is current as of July 21, 2014

Title 12: Banks and Banking
PART 308—RULES OF PRACTICE AND PROCEDURE
Subpart T—Program Fraud Civil Remedies and Procedures


§308.546   Limitations.

(a) The notice of hearing with respect to a claim or statement will be served in the manner specified in §308.507 of this subpart within 6 years after the date on which such claim or statement is made.

(b) If the defendant fails to file a timely answer, service of notice under §308.509(b) of this subpart will be deemed a notice of a hearing for purposes of this section.

(c) The statute of limitations may be extended by agreement of the parties.



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