Code of Federal Regulations · Section
§ 308.546 — Limitations
12 C.F.R. § 308.546
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(a) The notice of hearing with respect to a claim or statement will be served in the manner specified in § 308.507 of this subpart within 6 years after the date on which such claim or statement is made.
(b) If the defendant fails to file a timely answer, service of notice under § 308.509(b) of this subpart will be deemed a notice of a hearing for purposes of this section.
(c) The statute of limitations may be extended by agreement of the parties.
Authorizing Statute
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Mode of recovery28 U.S.C. § 2461
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Flood insurance purchase and compliance requirements and escrow accounts42 U.S.C. § 4012a
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Violation of provisions of chapter12 U.S.C. § 93
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Practice before the Department31 U.S.C. § 330
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Costs and fees of parties5 U.S.C. § 504