§ 308.183. Payment of awards.
100 words·~1 min read·
/us/cfr/t12/s§ 308.183·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An applicant seeking payment of an award made by the Board of Directors shall submit to the Administrative Officer a statement that the applicant will not seek judicial review of the decision and order or that the time for seeking further review has passed and no further review has been sought. The FDIC will pay the amount awarded within 30 days after receiving the applicant's statement, unless judicial review of the award or of the underlying decision of the adversary adjudication has been sought by the applicant or any other party to the proceeding. [86 FR 2251, Jan. 12, 2021]