12 CFR 1012.205: Suspension notice prior to effective date.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU
- PART 1012—SPECIAL RULES OF PRACTICE (REGULATION L)
- Subpart D—Adjudicatory Proceedings
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON