12 CFR 622.58 - Hearing on assessment.

Code of Federal Regulations - Title 12: Banks and Banking

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Title 12: Banks and Banking

CHAPTER VI: FARM CREDIT ADMINISTRATION

SUBCHAPTER B: FARM CREDIT SYSTEM

PART 622: RULES OF PRACTICE AND PROCEDURE

Subpart B: Rules and Procedures for Assessment and Collection of Civil Money Penalties

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]

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