12 CFR 308.117
§ 308.117 Effective date of, and payment under, an order to pay.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 308.117, § 308.117 Effective date of, and payment under, an order to pay, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46103
- Permanent ID
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Full text
If the respondent both requests a hearing and serves an answer, civil penalties assessed pursuant to this subpart are due and payable 60 days after an order to pay, issued after the hearing or upon default, is served upon the respondent, unless the order provides for a different period of payment. Civil penalties assessed pursuant to an order to pay issued upon consent are due and payable within the time specified therein.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.