
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC3023]

 
                       TITLE 12--BANKS AND BANKING
 
             CHAPTER 31--NATIONAL CONSUMER COOPERATIVE BANK
 
                SUBCHAPTER I--ESTABLISHMENT AND OPERATION
 
Sec. 3023. Appeal procedures applicable upon denial or 
        restriction of application for assistance
        
    (a) If an application for assistance under this chapter is denied in 
whole or in part, the applicant shall be informed within thirty days in 
writing of the reasons for the denial or restriction.
    (b) Any applicant for assistance under this chapter receiving notice 
of denial or restriction of the application may, within thirty days of 
receipt of such notice, request the Board of Directors to review the 
application and notice of denial or restriction for a determination of 
whether the action of the Bank was correctly within the terms of this 
chapter, the regulations, and the policy of the Board. The Board shall 
consider the request for review at its next meeting and promptly inform 
the applicant of its determination and the reasons therefor.

(Pub. L. 95-351, title I, Sec. 113, Aug. 20, 1978, 92 Stat. 510.)
