12 CFR 1012.236: Notice of proceedings to withdraw a State's certification.
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 proceeding pursuant to § 1010.505 of this chapter is commenced by issuance and service of a notice which shall contain:
(a) An identification of the state certification to which the notice applies.
(b) A clear and concise statement of material facts, sufficient to inform the respondent with reasonable definiteness of the basis for the Director's determination, pursuant to § 1010.505, that the State's laws, regulations and the administration thereof, taken as a whole, no longer meet the requirements of subpart C of part 1010.
(c) A notice of hearing rights of the state under § 1012.237 and of the procedures for invoking those rights.
(d) A notice that failure to file an answer conforming to the requirements of § 1081.201(b) and (c) will result in an order suspending the State's certification.
Collected 2026-08-27T02:24:16Z. Source file · JSON