24 C.F.R. § 200.229 Withholding approval.
Title 24 - Housing and Urban Development
Approval of a principal may be withheld for: (a) A period not to exceed 120 days when such action is deemed necessary to secure additional information upon which to base a final action including a determination as to whether a suspension or debarment action will be taken; or (b) For a longer period pending the resolution of a criminal complaint or indictment.
Title 24: Housing and Urban Development
PART 200—INTRODUCTION TO FHA PROGRAMS
Subpart H—Participation and Compliance Requirements
Previous Participation Review and Clearance Procedure
§ 200.229 Withholding approval.