12 C.F.R. § 516.190   Will a meeting affect application processing time frames?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 516—APPLICATION PROCESSING PROCEDURES
Subpart D—Meeting Procedures

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§ 516.190   Will a meeting affect application processing time frames?

If OTS decides to conduct a meeting, it may suspend applicable application processing time frames, including the time frames for deeming an application complete and the applicable approval time frames in subpart E of this part. If OTS suspends applicable application processing time frames, the time period will resume when OTS determines that a record has been developed that sufficiently supports a determination on the issues considered at the meeting.

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