---
kind: "section"
citation: "12 C.F.R. § 1291.63"
title: "12"
number: "1291.63"
heading: "Suspension and debarment."
url: "https://uscodex.org/cfr/12/1291.63"
---

# §1291.63. Suspension and debarment.

- (a) **At a Bank's initiative.** A Bank may suspend or debar a member, project sponsor, or project owner from participation in the Program if such party shows a pattern of noncompliance, or engages in a single instance of flagrant noncompliance, with the terms of an approved application for AHP subsidy or the requirements of this part.
- (b) **At FHFA's initiative.** FHFA may order a Bank to suspend or debar a member, project sponsor, or project owner from participation in the Program if such party shows a pattern of noncompliance, or engages in a single instance of flagrant noncompliance, with the terms of an approved application for AHP subsidy or the requirements of this part.

## Notes

### Authority

Authority: 12 U.S.C. 1430(j).

### Source

Source: 83 FR 61231, Nov. 28, 2018, unless otherwise noted.