12 CFR 1102.35

§ 1102.35 Opportunity for informal settlement.

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

Cite this

Citation: 12 CFR 1102.35, § 1102.35 Opportunity for informal settlement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50054
Permanent ID: ys:prov:50054@1
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Full text

Any party may at any time submit to the Secretary, for consideration by the Subcommittee, written offers or proposals for settlement of a proceeding, without prejudice to the rights of the parties. No offer or proposal shall be included in the proceeding's public file over the objection of any party to such proceeding. This paragraph shall not preclude settlement of any proceeding by the filing of a Notice Not To Contest as provided in § 1102.33(c) or by the submission of the case to the ASC on a stipulation of facts.

Legislative history

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