Code of Federal Regulations · Section

§ 308.153 — Procedures Where Notice Of Disapproval Issues Pursuant To § 303.103(c) Of This Chapter

12 C.F.R. § 308.153

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(a) The Notice of Disapproval shall be served upon the insured state nonmember bank and the candidate for director or senior executive officer. The Notice of Disapproval shall:

(1) Summarize or cite the relevant considerations specified in § 308.152;

(2) Inform the individual and the bank that a request for review of the disapproval may be filed within fifteen days of receipt of the Notice of Disapproval; and

(3) Specify that additional information, if any, must be contained in the request for review.

(b) The request for review must be filed at the appropriate regional office.

(1) Specify the reasons why the FDIC should reconsider its disapproval; and

(2) Set forth relevant, substantive and material documents, if any, that for good cause were not previously set forth in the notice required to be filed pursuant to section 32 of the FDIA (12 U.S.C. 1831i).

12 C.F.R. § 308.152 12 C.F.R. § 308.154

Authorizing Statute

Agency disapproval of directors and senior executive officers of insured depository institutions or depository institution holding companies
12 U.S.C. § 1831i
Mode of recovery
28 U.S.C. § 2461
Flood insurance purchase and compliance requirements and escrow accounts
42 U.S.C. § 4012a
Violation of provisions of chapter
12 U.S.C. § 93
Practice before the Department
31 U.S.C. § 330
Costs and fees of parties
5 U.S.C. § 504