12 C.F.R. · Banks and Banking
12 C.F.R. § 602.23

Responses to demands served on FCA employees.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 602.23 — Responses to demands served on FCA employees.

§ 602.23 Responses to demands served on FCA employees. (a) An employee served with a demand or a subpoena in a legal proceeding must immediately tell the General Counsel of such service, the testimony or documents described in the demand, and all relevant facts. (b) When the Chairman does not allow testimony or production of documents, FCA Counsel will provide the regulations in this subpart to the party or court issuing the demand and explain that the employee may not testify or produce documents without the Chairman's prior approval. (c) If the court rules the employee must comply with the demand regardless of the Chairman's instructions not to do so, the employee must respectfully refuse to comply. (d) FCA's decision under this subpart to comply or not to comply with any demand is not a waiver, an assertion of privilege, or an objection based on relevance, technical deficiency, or any other ground. We may oppose any demand on any legal ground.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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12 C.F.R. § 602.23
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The regulatory text of 12 C.F.R. § 602.23 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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