Electronic Code of Federal Regulations
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e-CFR data is current as of January 21, 2021 |
Title 12 → Chapter VI → Subchapter B → Part 622 → Subpart B → §622.57 |
Title 12: Banks and Banking
PART 622—RULES OF PRACTICE AND PROCEDURE
Subpart B—Rules and Procedures for Assessment and Collection of Civil Money Penalties
§622.57 Waiver of hearing; consent.
(a) Waiver. Failure to request a hearing pursuant to §622.56 constitutes a waiver of the opportunity for a hearing and the notice of assessment issued pursuant to §622.55 will constitute a final and unappealable order.
(b) Consent. Any party afforded a hearing who does not appear at the hearing personally or by a duly authorized representative is deemed to have consented to the issuance of an assessment order.
[51 FR 21139, June 11, 1986, as amended at 70 FR 12585, Mar. 15, 2005]