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e-CFR data is current as of January 21, 2021

Title 12Chapter VISubchapter BPart 622Subpart C → §622.81


Title 12: Banks and Banking
PART 622—RULES OF PRACTICE AND PROCEDURE
Subpart C—Rules and Procedures Applicable to Suspension or Removal of an Individual Where Certain Crimes Are Charged or Proven


§622.81   Default.

If the subject individual fails to file a petition for a hearing, or fails to appear at a hearing, either in person or by an attorney, or fails to submit a written argument where oral argument has been waived, the notice shall remain in effect until the information, indictment, or complaint is finally disposed of and the order shall remain in effect until terminated by the Board.

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