GroundRules
12 CFR 308.21: Failure to appear.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION
- SUBCHAPTER A—PROCEDURE AND RULES OF PRACTICE
- PART 308—RULES OF PRACTICE AND PROCEDURE
- Subpart A—Uniform Rules of Practice and Procedure
Failure of a respondent to appear in person at the hearing or by a duly authorized counsel constitutes a waiver of respondent's right to a hearing and is deemed an admission of the facts as alleged and consent to the relief sought in the notice. Without further proceedings or notice to the respondent, the ALJ will file with the Board of Directors a recommended decision containing the findings and the relief sought in the notice.
Collected 2026-08-27T02:24:16Z. Source file · JSON