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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 12 - Banks and Banking |
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Chapter V - Office of Thrift Supervision, Department of the Treasury |
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Part 585 - Prohibited Service at Savings and Loan Holding Companies |
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Subpart B - Exemptions |
§ 585.140 - What procedures govern a hearing on my application?
Latest version.
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§ 585.140 What procedures govern a hearing on my application?
(a) OTS review of hearing request. OTS will review your hearing request to determine if you have demonstrated good cause for a hearing on your application. Within 30 days after the filing of a timely request for a hearing, OTS will notify you in writing of its decision to grant or deny the hearing request. If OTS grants your request for a hearing, it will order a hearing to be commenced within 60 days of the issuance of the notification. Upon the request of a party, the OTS may order a later hearing date.
(b) Hearing procedures. Hearing procedures are set out at 12 CFR part 509, subpart D of this chapter.