yourstate.us
12 CFR 308.148

§ 308.148 Rights of witnesses.

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

Get this as JSONEmbed this
Cite this
Citation
12 CFR 308.148, § 308.148 Rights of witnesses, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46140
Permanent ID
ys:prov:46140@1
SHA-256
4e905218a3b582f042c66105ab95b08cafee9d79594c29ff0a438717d46cbb34

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

In an investigation: (a) Any person compelled or requested to furnish testimony, documentary evidence, or other information, shall upon request be shown and provided with a copy of the order initiating the proceeding; (b) Any person compelled or requested to provide testimony as a witness or to furnish documentary evidence may be represented by a counsel who meets the requirements of § 308.6 of the Uniform Rules. That counsel may be present and may: (1) Advise the witness before, during, and after such testimony; (2) Briefly question the witness at the conclusion of such testimony for clarification purposes; and (3) Make summary notes during such testimony solely for the use and benefit of the witness; (c) All persons testifying shall be sequestered. Such persons and their counsel shall not be present during the testimony of any other person, unless permitted in the discretion of the person conducting the investigation. Neither attorney(s) for the institution that is the subject of the investigation, nor attorney(s) for any other interested persons, shall have any right to be present during the testimony of any witness not personally represented by such attorney; (d) In cases of a perceived or actual conflict of interest arising out of an attorney's or law firm's representation of multiple witnesses, the person conducting the investigation may require the attorney to comply with the provisions of § 308.8 of the Uniform Rules; and (e) Witness fees shall be paid in accordance with § 308.14 of the Uniform Rules.

Legislative history

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