12 C.F.R. § 19.15   Opportunity for informal settlement.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 19—RULES OF PRACTICE AND PROCEDURE
Subpart A—Uniform Rules of Practice and Procedure

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§ 19.15   Opportunity for informal settlement.

Any respondent may, at any time in the proceeding, unilaterally submit to Enforcement Counsel written offers or proposals for settlement of a proceeding, without prejudice to the rights of any of the parties. No such offer or proposal shall be made to any OCC representative other than Enforcement Counsel. Submission of a written settlement offer does not provide a basis for adjourning or otherwise delaying all or any portion of a proceeding under this part. No settlement offer or proposal, or any subsequent negotiation or resolution, is admissible as evidence in any proceeding.

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