12 CFR 747.305
§ 747.305 Effectiveness of suspension or removal until completion of hearing.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 747.305, § 747.305 Effectiveness of suspension or removal until completion of hearing, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48870
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Full text
Any notice of suspension or prohibition issued under § 747.303 and any order of removal or prohibition issued under § 747.304 will be effective upon service on the concerned party and will remain effective and outstanding until the completion of any hearing or appeal authorized under section 206(i) of the Act (12 U.S.C. 1786(i)) and this subpart, unless such notice of suspension or order of removal is terminated by the NCUA Board.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.