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Code · CFR · Title 12 — Banks and Banking · Part 19 — Rules of Practice and Procedure · § 19.102

§ 19.102. Civil money penalties.

96 words·~1 min read·/us/cfr/t12/s§ 19.102·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A respondent must pay civil money penalties assessed pursuant to subpart A of this part within 60 days after the issuance of the notice of assessment unless the OCC requires a different time for payment. A respondent that has made a timely request for a hearing to challenge the assessment of the penalty is not required to pay the penalty until the OCC has issued a final order of assessment. In these instances, the respondent must pay the penalty within 60 days of service of the order unless the OCC requires a different time for payment.
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