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Title 12: Banks and Banking
CHAPTER II: FEDERAL RESERVE SYSTEM (CONTINUED)
SUBCHAPTER A: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
PART 263: RULES OF PRACTICE FOR HEARINGS
Subpart A: Uniform Rules of Practice and Procedure
263.21 - Failure to appear.
Failure of a respondent to appear in person at the hearing or by a duly authorized counsel constitutes a waiver of respondent's right to a hearing and is deemed an admission of the facts as alleged and consent to the relief sought in the notice. Without further proceedings or notice to the respondent, the administrative law judge shall file with the Board a recommended decision containing the findings and the relief sought in the notice.
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