Code of Federal Regulations · Section
§ 308.133 — Effective Date Of, And Payment Under, An Order To Pay
12 C.F.R. § 308.133
(a) Effective date. (1) Unless otherwise provided in the Notice, except in situations covered by paragraph (a)(2) of this section, civil penalties assessed pursuant to this subpart are due and payable 60 days after the Notice is served upon the respondent.
(2) If the respondent both requests a hearing and serves an answer, civil penalties assessed pursuant to this subpart are due and payable 60 days after an order to pay, issued after the hearing or upon default, is served upon the respondent, unless the order provides for a different period of payment. Civil penalties assessed pursuant to an order to pay issued upon consent are due and payable within the time specified therein.
(b) Payment. All penalties collected under this section shall be paid over to the Treasury of the United States.
Authorizing Statute
-
Mode of recovery28 U.S.C. § 2461
-
Flood insurance purchase and compliance requirements and escrow accounts42 U.S.C. § 4012a
-
Violation of provisions of chapter12 U.S.C. § 93
-
Practice before the Department31 U.S.C. § 330
-
Costs and fees of parties5 U.S.C. § 504