§ 116.260 - May the OCC suspend processing of my application?  


Latest version.
  • (a) Suspension. The OCC may, at any time, indefinitely suspend processing of your application if:

    (1) The OCC, another governmental entity, or a self-regulatory trade or professional organization initiates an investigation, examination, or administrative proceeding that is relevant to the OCC's evaluation of your application;

    (2) You request the suspension or there are other extraordinary circumstances that have a significant impact on the processing of your application.

    (b) Notice. The OCC will promptly notify you, in writing, if it suspends your application.