---
kind: "section"
citation: "12 C.F.R. § 263.50"
title: "12"
number: "263.50"
heading: "Purpose and scope."
url: "https://uscodex.org/cfr/12/263.50"
---

# §263.50. Purpose and scope.

- (a) This subpart prescribes the rules of practice and procedure governing formal adjudications set forth in [paragraph (b)](#b) of this section, and supplements the rules of practice and procedure contained in [subpart A](/cfr/12/subpartA.md) of this part.
- (b) The rules and procedures of this subpart and [subpart A](/cfr/12/subpartA.md) of this part will apply to the formal adjudications set forth in [§ 263.1](/cfr/12/263.1.md) and to the following adjudications:
  - (1) Suspension of a member bank from use of credit facilities of the Federal Reserve System under [section 4](/cfr/12/4.md) of the FRA ([12 U.S.C. 301](/usc/12/301.md));
  - (2) Termination of a bank's membership in the Federal Reserve System under [section 9](/cfr/12/9.md) of the FRA ([12 U.S.C. 327](/usc/12/327.md));
  - (3) Issuance of a cease-and-desist order under section 11 of the Clayton Act ([15 U.S.C. 21](/usc/15/21.md));
  - (4) Adjudications under sections 2, 3, or 4 of the BHC Act (12 U.S.C. [1841](/usc/12/1841.md), [1842](/usc/12/1842.md), or [1843](/usc/12/1843.md));
  - (5) Formal adjudications on bank merger applications under [section 18(c)](/cfr/12/18.md?p=c) of the FDIA ([12 U.S.C. 1828(c)](/usc/12/1828.md?p=c));
  - (6) Issuance of a divestiture order under section 5(e) of the BHC Act ([12 U.S.C. 1844(e)](/usc/12/1844.md?p=e));
  - (7) Imposition of sanctions upon any municipal securities dealer for which the Board is the appropriate regulatory agency, or upon any person associated or seeking to become associated with such a municipal securities dealer, under section 15B(c)(5) of the Exchange Act ([15 U.S.C. 78o-4](/usc/15/78o-4.md));
  - (8) Proceedings where the Board otherwise orders that a formal hearing be held;
  - (9) Termination of the activities of a state branch, state agency, or commercial lending company subsidiary of a foreign bank in the United States, pursuant to [section 7(e)](/cfr/12/7.md?p=e) of the IBA ([12 U.S.C. 3105(d)](/usc/12/3105.md?p=d));
  - (10) Termination of the activities of a representative office of a foreign bank in the United States, pursuant to [section 10(b)](/cfr/12/10.md?p=b) of the IBA ([12 U.S.C. 3107(b)](/usc/12/3107.md?p=b));
  - (11) Issuance of a prompt corrective action directive to a member bank under section 38 of the FDI Act ([12 U.S.C. 1831o](/usc/12/1831o.md));
  - (12) Reclassification of a member bank on grounds of unsafe or unsound condition under section 38(g)(1) of the FDI Act ([12 U.S.C. 1831o(g)(1)](/usc/12/1831o.md?p=g-1));
  - (13) Reclassification of a member bank on grounds of unsafe and unsound practice under section 38(g)(1) of the FDI Act ([12 U.S.C. 1831o(g)(1)](/usc/12/1831o.md?p=g-1));
  - (14) Issuance of an order requiring a member bank to dismiss a director or senior executive officer under section [38 (e)(5)](/cfr/12/38.md?p=e-5) and [38(f)(2)](/cfr/12/38.md?p=f-2) (F)(ii) of the FDI Act (12 U.S.C. [1831o(e)(5)](/usc/12/1831o.md?p=e-5) and [1831o(f)(2)](/usc/12/1831o.md?p=f-2) (F)(ii)); and
  - (15) Adjudications under [section 10](/cfr/12/10.md) of the HOLA ([12 U.S.C. 1467a](/usc/12/1467a.md)).

## Notes

### Source

Source: 88 FR 89909, Dec. 28, 2023, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 504, 554-557; 12 U.S.C. 248, 324, 334, 347a, 504, 505, 1464, 1467, 1467a, 1817(j), 1818, 1820(k), 1829, 1831o, 1831p-1, 1832(c), 1847(b), 1847(d), 1884, 1972(2)(F), 3105, 3108, 3110, 3349, 3907, 3909(d), 4717, 5323, 5362, 5365, 5463, 5464, 5466, 5467; 15 U.S.C. 21, 78l(i), 78o-4, 78o-5, 78u-2; 1639e(K); 28 U.S.C. 2461 note; 31 U.S.C. 5321; and 42 U.S.C. 4012a.

### Source

Source: 56 FR 38052, Aug. 9, 1991, unless otherwise noted.