12 CFR 747.603
§ 747.603 Prevailing party.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 747.603, § 747.603 Prevailing party, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48888
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Full text
An eligible applicant may be a “prevailing party” if the applicant wins an action after a full hearing or trial on the merits, if a settlement of the proceeding was effected on terms favorable to it, or if the proceeding against it has been dismissed. In appropriate situations an applicant may also have prevailed if the outcome of the proceeding has substantially vindicated the applicant's position on the significant substantive matters at issue, even though the applicant has not totally avoided adverse final action.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.