Time limit on agency consideration of completed applications

12 U.S.C. § 4807
in effect
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(a) In generalEach Federal banking agency shall take final action on any application to the agency before the end of the 1-year period beginning on the date on which a completed application is received by the agency. (b) Waiver by applicant authorizedAny person submitting an application to a Federal banking agency may waive the applicability of subsection (a) with respect to such application at any time.
12 U.S.C. § 4807 — Time limit on agency consideration of completed applications | United States Code | Corpus