§ 263.55 Board as Presiding Officer.
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Title 12 CFR: Banks and Banking › Chapter II: FEDERAL RESERVE SYSTEM › Part 263: RULES OF PRACTICE FOR HEARINGS › Subpart B: Board Local Rules Supplementing the Uniform Rules › § 263.55: § 263.55 Board as Presiding Officer.
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The Board may, in its discretion, designate itself, one or more of its members, or an authorized officer, to act as presiding officer in a formal hearing. In such a proceeding, the authority of Board or its designee will include all the authority provided to an ALJ under this part. Proposed findings and conclusions, briefs, and other submissions by the parties permitted in subpart A of this part must be filed with the Secretary for consideration by the Board. Sections 263.38 and 263.39 will not apply to proceedings conducted under this section.
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