Applicability

Section  385.10 Applicability This Part shall apply to requests by Regulated Financial Institutions for reconsideration of Material Supervisory Determinations.  The reconsideration process provides the management of these Regulated Financial Institutions with an informal procedure for review of Material Supervisory Determinations that they believe to be incorrect or based upon erroneous information. Enforcement actions and the appointment of a receiver are not subject to reconsideration under this Part.