12 CFR 308.182
§ 308.182 Board of Directors action.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 308.182, § 308.182 Board of Directors action, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46178
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Full text
(a) Exceptions to recommended decision. Within 20 days after service of the recommended decision, findings, conclusions, and proposed order, the applicant or counsel for the FDIC may file with the Administrative Officer written exceptions thereto. A supporting brief may also be filed.
(b) Decision of Board of Directors. The Board of Directors shall render its decision within 60 days after the matter is submitted to it by the Administrative Officer. The Administrative Officer shall furnish copies of the decision and order of the Board of Directors to the parties. Judicial review of the decision and order may be obtained as provided in 5 U.S.C. 504(c)(2).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.