1. Regulations
  2. title 12
  3. chapter III
  4. part 308
  5. subpart D
  6. § 308.114

View all text of Subpart D [§ 308.110 - § 308.114]

§ 308.114 - Burden of proof.

The ultimate burden of proof shall be upon the person proposing to acquire a depository institution. The burden of going forward with a prima facie case shall be upon the FDIC.

AUTHORITY: 5 U.S.C. 504, 554-557; 12 U.S.C. 93(b), 164, 505, 1464, 1467(d), 1467a, 1468, 1815(e), 1817, 1818, 1819, 1820, 1828, 1829, 1829(b), 1831i, 1831m(g)(4), 1831

SOURCE: 56 FR 37975, Aug. 9, 1991, unless otherwise noted.

CITE AS: 12 CFR 308.114