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12 CFR 1012.205

§ 1012.205 Suspension notice prior to effective date.

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

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12 CFR 1012.205, § 1012.205 Suspension notice prior to effective date, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49421
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Full text

A suspension pursuant to § 1010.45(a) of this chapter shall be effected by service of a suspension notice which shall contain: (a) An identification of the filing to which the notice applies. (b) A specification of the deficiencies of form, disclosure, accuracy, documentation or fee tender which constitute the grounds under § 1010.45(a) of this chapter, of the suspension, and of the additional or corrective procedure, information, documentation, or tender which will satisfy the Director's requirements. (c) A notice of the hearing rights of the developer under § 1012.210 and of the procedures for invoking those rights. (d) A notice that, unless otherwise ordered, the suspension shall remain in effect until 30 days after the developer cures the specified deficiencies as required by the notice.

Legislative history

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