12 C.F.R. § 308.117

Effective date of, and payment under, an order to pay.

Last amended: 2016Year: 2026Length: 72 wordsOfficial source

Cite as 12 C.F.R. § 308.117 (2026)

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.
12 C.F.R. § 308.117: Effective date of, and payment under, an order to pay. | Justis AI