2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 31 - National Consumer Cooperative Bank (Sections 3001 - 3051)
Subchapter I - Establishment and Operation (Sections 3011 - 3026)
Sec. 3023 - Appeal procedures applicable upon denial or restriction of application for assistance
| Publication Title | United States Code, 2012 Edition, Supplement 3, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 31 - NATIONAL CONSUMER COOPERATIVE BANK SUBCHAPTER I - ESTABLISHMENT AND OPERATION Sec. 3023 - Appeal procedures applicable upon denial or restriction of application for assistance |
| Contains | section 3023 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 95-351, title I, §113, Aug. 20, 1978, 92 Stat. 510. |
| Statutes at Large Reference | 92 Stat. 510 |
| Public and Private Law | Public Law 95-351 |
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(a) If an application for assistance under this chapter is denied in whole or in part, the applicant shall be informed within thirty days in writing of the reasons for the denial or restriction.
(b) Any applicant for assistance under this chapter receiving notice of denial or restriction of the application may, within thirty days of receipt of such notice, request the Board of Directors to review the application and notice of denial or restriction for a determination of whether the action of the Bank was correctly within the terms of this chapter, the regulations, and the policy of the Board. The Board shall consider the request for review at its next meeting and promptly inform the applicant of its determination and the reasons therefor.
(Pub. L. 95–351, title I, §113, Aug. 20, 1978, 92 Stat. 510.)
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