---
kind: "section"
citation: "12 C.F.R. § 308.508"
title: "12"
number: "308.508"
heading: "Answer."
url: "https://uscodex.org/cfr/12/308.508"
---

# §308.508. Answer.

- (a) The defendant may request a hearing by filing an answer with the reviewing official within 30 days of service of the complaint. An answer will be deemed to be a request for hearing.
- (b) **In the answer, the defendant—**
  - (1) Must admit or deny each of the allegations of liability made in the complaint;
  - (2) Must state any defense on which the defendant intends to rely;
  - (3) May state any reasons why the defendant contends that the penalties and assessments should be less than the statutory maximum; and
  - (4) Must state the name, address, and telephone number of the person authorized by the defendant to act as defendant's representative, if any.
- (c) If the defendant is unable to file an answer meeting the requirements of [paragraph (b)](#b) of this section within the time provided:
  - (1) The defendant may, before the expiration of 30 days from service of the complaint, file with the reviewing official a general answer denying liability and requesting a hearing, and a request for an extension of time within which to file an answer meeting the requirements of [paragraph (b)](#b) of this section.
  - (2) The reviewing official will file promptly with the ALJ the complaint, the general answer denying liability, and the request for an extension of time as provided in [§ 308.510](/cfr/12/308.510.md) of this subpart.
  - (3) For good cause shown, the ALJ may grant the defendant up to 30 additional days within which to file an answer meeting the requirements of [paragraph (b)](#b) of this section.

## Notes

### Source

Source: 66 FR 9189, Feb. 7, 2001, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 504, 554-557; 12 U.S.C. 93(b), 164, 505, 1464, 1467(d), 1467a, 1468, 1815(e), 1817, 1818, 1819, 1820, 1828, 1829, 1829(b), 1831i, 1831m(g)(4), 1831 o, 1831p-1, 1832(c), 1884(b), 1972, 3102, 3108(a), 3349, 3909, 4717, 5412(b)(2)(C), 5414(b)(3); 15 U.S.C. 78(h) and (i), 78 o (c)(4), 78 o -4(c), 78 o -5, 78q-1, 78s, 78u, 78u-2, 78u-3, 78w, 6801(b), 6805(b)(1); 28 U.S.C. 2461 note; 31 U.S.C. 330, 5321; 42 U.S.C. 4012a; Pub. L. 104-134, sec. 31001(s), 110 Stat. 1321; Pub. L. 109-351, 120 Stat. 1966; Pub. L. 111-203, 124 Stat. 1376; Pub. L. 114-74, sec. 701, 129 Stat. 584.

### Source

Source: 56 FR 37975, Aug. 9, 1991, unless otherwise noted.