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Staff Opinions Interpreting the Board’s Rules of Procedure

8-041

APPEARANCE AND PRACTICE BEFORE THE BOARD—Counsel’s Fees

There are no restrictions or limitations on the fees that may be charged by counsel representing a client in proceedings before the Board of Governors. STAFF OP. of Dec. 14, 1962.
Authority: 12 CFR 262.5 and 263.3.

8-042

NOTICE OF APPLICATION— Publication Requirements

When state law requires notice of an application to establish a branch to be published after the application is filed and when the Federal Reserve System rules require publication prior to application, the Reserve Banks may reduce the applicant’s burden by receiving branch applications before notice is published. The application, however, will not be approved prior to the end of the comment period that begins with the first published notice. STAFF OP. of Dec. 7, 1978.
Authority: 12 CFR 262.3(b).

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