12 CFR § 625.20 - Settlement.

---
identifier: "/us/cfr/t12/s625.20"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 625.20 - Settlement."
title_number: 12
title_name: "Banks and Banking"
section_number: "625.20"
section_name: "Settlement."
chapter_name: "FARM CREDIT ADMINISTRATION"
subchapter_number: "B"
subchapter_name: "FARM CREDIT SYSTEM"
part_number: "625"
part_name: "APPLICATION FOR AWARD OF FEES AND OTHER EXPENSES UNDER THE EQUAL ACCESS TO JUSTICE ACT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 504, 12 U.S.C. 2252."
regulatory_source: "57 FR 60109, Dec. 18, 1992, unless otherwise noted."
cfr_part: "625"
---


# 625.20 Settlement.

A prevailing party and the FCA through its counsel may agree on a proposed settlement of an award at any time, either in connection with a settlement of the underlying adversary adjudication or after the underlying adversary adjudication has been concluded. If a prevailing party and the FCA counsel agree on a proposed settlement of an award, the proposed settlement must be submitted to the presiding officer for a recommended decision pursuant to § 625.26 of this part. If it has not been previously filed, the application must be submitted to the presiding officer along with the proposed settlement.