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12 CFR 268.408

§ 268.408 Effect of filing a civil action.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 268.408, § 268.408 Effect of filing a civil action, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45767
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Full text

Filing a civil action under §§ 268.406 or 268.407 shall terminate Commission processing of the appeal. If private suit is filed subsequent to the filing of an appeal, the parties are requested to notify the Commission in writing.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.