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12 CFR 1070.35

§ 1070.35 Procedure in the event of an adverse ruling.

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

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12 CFR 1070.35, § 1070.35 Procedure in the event of an adverse ruling, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49782
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If a stay of, or other relief from, the effect of a demand made pursuant to §§ 1070.33 and 1070.34 is declined or not obtained, or if the court or other judicial or quasi-judicial authority declines to stay the effect of the demand made pursuant to §§ 1070.33 and 1070.34, or if the court or other authority rules that the demand must be complied with irrespective of the General Counsel's instructions not to produce the material or disclose the information sought, the employee upon whom the demand has been made shall decline to comply with the demand citing this subpart and United States ex rel. Touhy v. Ragen, 340 U.S. 462 (1951).

Legislative history

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