Notice and hearing.

CFR · 2024-01-01 · US · Title 12

(a) (1) Issue to the national bank, Federal savings association, or Federal branch or agency a written notice of the Comptroller's intention to terminate all rights, privileges, and franchises of the national bank, Federal savings association, or Federal branch or agency pursuant to 12 U.S.C. 93(d) or 12 U.S.C. 1464(w); and (2) Schedule a pretermination hearing. (b) (1) The legal authority for the proceeding and for the OCC's jurisdiction over the proceeding; (2) The basis of termination pursuant to the factors listed in § 19.253; (3) A proposed order or prayer for an order of termination; (4) The time, place, and nature of the hearing as required by law or regulation; (5) The time within which to file an answer as established by the presiding officer; and (6) That the answer must be filed with the OCC. (c) (d)

official document · source cfr-2024 · id 12:§ 19.251