# 12 C.F.R. § 308.117 (2026): Effective date of, and payment under, an order to pay

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_117

## Section

- **Citation:** 12 C.F.R. § 308.117 (2026)
- **Heading:** Effective date of, and payment under, an order to pay
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 308: RULES OF PRACTICE AND PROCEDURE / Subpart E: Rules and Procedures Applicable to Proceedings Relating to Assessment of Civil Penalties for Willful Violations of the Change in Bank Control Act / § 308.117: § 308.117   Effective date of, and payment under, an order to pay.

## Text

If the respondent both requests a hearing and serves an answer, civil penalties assessed pursuant to this subpart are due and payable 60 days after an order to pay, issued after the hearing or upon default, is served upon the respondent, unless the order provides for a different period of payment. Civil penalties assessed pursuant to an order to pay issued upon consent are due and payable within the time specified therein.

## Nearby sections

- [12 C.F.R. § 308.115 (2026) § 308.115   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_115.md)
- [12 C.F.R. § 308.116 (2026) § 308.116   Assessment of penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_116.md)
- [12 C.F.R. § 308.117 (2026) § 308.117   Effective date of, and payment under, an order to pay.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_117.md)
- [12 C.F.R. § 308.118 (2026) § 308.118   Collection of penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_118.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P308_S308_117. Check the current official text before relying on it. Not legal advice.