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12 CFR 308.41

§ 308.41 Stays pending judicial review.

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

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12 CFR 308.41, § 308.41 Stays pending judicial review, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46081
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Full text

The commencement of proceedings for judicial review of a final decision and order of the FDIC may not, unless specifically ordered by the Board of Directors or a reviewing court, operate as a stay of any order issued by the FDIC. The Board of Directors may, in its discretion, and on such terms as the Board of Directors finds just, stay the effectiveness of all or any part of an order pending a final decision on a petition for review of that order.

Legislative history

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