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12 CFR 625.27

§ 625.27 Board decision.

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

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12 CFR 625.27, § 625.27 Board decision, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48165
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Full text

Following filing of the recommended decision with the Board, the Board shall render a final decision on the application. The Board maintains full discretion to uphold, reverse, remand, or alter the recommended decision. The Board may order further proceedings (including those set forth in §§ 622.11 and 622.13 through 622.16 of this chapter) upon request by any party to the application proceeding or on its own initiative, but such proceedings may not include discovery or an evidentiary hearing with respect to the issue of whether the agency's position was substantially justified.

Legislative history

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