# 12 C.F.R. § 263.56 (2026): Initial licensing proceedings

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_56

## Section

- **Citation:** 12 C.F.R. § 263.56 (2026)
- **Heading:** Initial licensing proceedings
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** 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 / § 263.56: § 263.56   Initial licensing proceedings.

## Text

Proceedings with respect to applications for initial licenses will include, but not be limited to, applications for Board approval under section 3 of the BHC Act and section 10 of HOLA and such proceedings as may be ordered by the Board with respect to applications under section 18(c) of the FDIA. In such initial licensing proceedings, the procedures set forth in subpart A of this part will apply, except that the Board may designate a Board Counsel to represent the Board in a nonadversary capacity for the purpose of developing for the record information relevant to the issues to be determined by the Presiding Officer and the Board. In such proceedings, Board Counsel will be considered to be a decisional employee for purposes of §§ 263.9 and 263.40.

## Nearby sections

- [12 C.F.R. § 263.50 (2026) § 263.50   Purpose and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_50.md)
- [12 C.F.R. § 263.51 (2026) § 263.51   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_51.md)
- [12 C.F.R. § 263.52 (2026) § 263.52   Address for filing.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_52.md)
- [12 C.F.R. § 263.53 (2026) § 263.53   Discovery depositions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_53.md)
- [12 C.F.R. § 263.54 (2026) § 263.54   Delegation to the Office of Financial Institution Adjudication.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_54.md)
- [12 C.F.R. § 263.55 (2026) § 263.55   Board as Presiding Officer.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_55.md)
- [12 C.F.R. § 263.56 (2026) § 263.56   Initial licensing proceedings.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_56.md)
- [12 C.F.R. § 263.57 (2026) § 263.57   Sanctions relating to conduct in an adjudicatory proceeding.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_57.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_56. Check the current official text before relying on it. Not legal advice.