---
kind: "section"
citation: "12 C.F.R. § 303.230"
title: "12"
number: "303.230"
heading: "What will the FDIC do if the application is denied?"
url: "https://uscodex.org/cfr/12/303.230"
---

# §303.230. What will the FDIC do if the application is denied?

- (a) The FDIC will inform the applicant in writing that the application has been denied and summarize or cite the relevant considerations specified in [§ 303.229](/cfr/12/303.229.md).
- (b) The denial will also notify the applicant that a written request for a hearing (or a request for written submissions in lieu of a hearing) under [12 CFR part 308](/cfr/12/part308.md), [subpart M](/cfr/12/subpartM.md), may be filed with the FDIC Executive Secretary within 60 days after the denial. For institution-sponsored applications, either the institution or the subject individual (or both, as a consolidated request) may file such a written request. A request must include the relief desired, the grounds supporting the request for relief, and any supporting evidence.

## Notes

### Source

Source: 89 FR 64362, Aug. 7, 2024, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 378, 1464, 1813, 1815, 1817, 1818, 1819(a) (Seventh and Tenth), 1820, 1823, 1828, 1829, 1831a, 1831e, 1831 o, 1831p-1, 1831w, 1835a, 1843(l), 3104, 3105, 3108, 3207, 5414, 5415, and 15 U.S.C. 1601-1607.

### Source

Source: 67 FR 79247, Dec. 27, 2002, unless otherwise noted.