12 CFR § 367.12 - Procedures.

---
identifier: "/us/cfr/t12/s367.12"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 367.12 - Procedures."
title_number: 12
title_name: "Banks and Banking"
section_number: "367.12"
section_name: "Procedures."
chapter_name: "FEDERAL DEPOSIT INSURANCE CORPORATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AND STATEMENTS OF GENERAL POLICY"
part_number: "367"
part_name: "SUSPENSION AND EXCLUSION OF CONTRACTOR AND TERMINATION OF CONTRACTS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1822(f) (4) and (5)."
regulatory_source: "61 FR 68560, Dec. 30, 1996, unless otherwise noted."
cfr_part: "367"
---


# 367.12 Procedures.

(a) FDIC shall process suspension and exclusion actions as informally as practicable, consistent with its policy of providing contractors with adequate information on the grounds that give rise to the proposed action and affording contractors with a reasonable opportunity to respond.

(b) For purposes of determining filing dates for the pleadings required by this part, including responses, notices of appeal, appeals and requests for reconsideration, the provisions relating to the construction of time limits in 12 CFR 308.12 will control.