§1012.237. Hearings—notice of proceedings pursuant to withdrawal of state certification. — Inbound Citations
12 C.F.R. § 1012.237
Statutory Authority
Cited by 2 regulations in release Current.
Citations to 12 U.S.C. § 1012.237 as a whole
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(b) The notice of proceedings to withdraw a state's certification will be issued to the state by the Director pursuant to § 1012.236. The Director may, after notice and after an opportunity for a hearing, pursuant to § 1012.237, issue an order withdrawing certification. In the event that a withdrawal order is issued, the order shall remain in effect until the state has amended its laws, regulations or the administration thereof or has otherwise complied with the requirements of the order. When the state has complied with the requirements of the order, the Director shall so declare and the withdrawal order shall cease to be effective.
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(c) A notice of hearing rights of the state under § 1012.237 and of the procedures for invoking those rights.