Regulations last checked for updates: May 24, 2025

Title 12 - Banks and Banking last revised: May 21, 2025
§ 1081.301 - Failure to appear.

Failure of a respondent to appear in person or by a duly authorized counsel at the hearing constitutes a waiver of respondent's right to a hearing and may be deemed an admission of the facts as alleged and consent to the relief sought in the notice of charges. Without further proceedings or notice to the respondent, the hearing officer will file preliminary findings and conclusions containing findings of fact and addressing the relief sought in the notice of charges.

authority: 12 U.S.C. 5512(b)(1), 5563(e)
source: 87 FR 10034, Feb. 22, 2022, unless otherwise noted.
cite as: 12 CFR 1081.301