12 C.F.R. § 509.21 Failure to appear.
Title 12 - Banks and Banking
Failure of a respondent to appear in person at the hearing or by a duly authorized counsel constitutes a waiver of respondent's right to a hearing and is deemed an admission of the facts as alleged and consent to the relief sought in the notice. Without further proceedings or notice to the respondent, the administrative law judge shall file with the Director a recommended decision containing the findings and the relief sought in the notice.
Title 12: Banks and Banking
PART 509—RULES OF PRACTICE AND PROCEDURE IN ADJUDICATORY PROCEEDINGS
Subpart A—Uniform Rules of Practice and Procedure
§ 509.21 Failure to appear.
