Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 116  /  Sec. 116.220 If the OCC requests additional information to complete

(a) You may use the following chart to determine the procedure that applies to your submission of additional information under Sec. 116.210(a)(1): ------------------------------------------------------------------------

If, within 30 calendar days

after the date of the OCC's Then, the OCC may .

request for additional . . And . . .

(1) You file a response to (i) Notify you in The applicable

all information requests * writing within 15 review period will

* *. days after the begin on the date

filing date of your that the OCC deems

response that your your application

application is complete.

complete* * *.

(ii) Notify you in You must respond to

writing within 15 the additional

calendar days after information request

the filing date of within the time

your response that period required by

you must submit the OCC. The OCC

additional will review your

information response under the

regarding matters procedures

derived from or described in this

prompted by section.

information already

furnished or any

additional

information

necessary to

resolve the issues

presented in your

application * * *.

(iii) Notify you in The OCC will not

writing within 15 process your

calendar days after application.

the filing date of

your response that

your application is

materially

deficient * * *.

(iv) Take no action Your application is

within 15 calendar deemed complete.

days after the The applicable

filing date of your review period will

response * * *. begin on the day

that the 15-day

time period

expires.(2) You request an extension (i) Grant an You must fully

of time to file additional extension, in respond within the

information * * *. writing, specifying extended time

the number of days period specified by

for the extension * the OCC. The OCC

* *. will review your

response under the

procedures

described under

this section.

(ii) Notify you in The OCC will not

writing that your process your

extension request application

is disapproved * * further. You may

*. resubmit the

application for

processing as a new

filing under the

applicable

regulation.(3) You fail to respond (i) Notify you in The OCC will not

completely * * * writing that your process your

application is application

deemed withdrawn * further. You may

* *. resubmit the

application for

processing as a new

filing under the

applicable

regulation.

(ii) Notify you, in You must fully

writing, that your respond within the

response is extended time

incomplete and period specified by

extend the response the OCC. The OCC

period, specifying will review your

the number of days response under the

for the respond procedures

extension * * *. described under

this section.------------------------------------------------------------------------

(b) The OCC may extend the 15-day period referenced in paragraph (a)(1) of this section by up to 15 calendar days, if the OCC requires the additional time to review your response. The OCC will notify you that it has extended the period before the end of the initial 15-day period and will briefly explain why the extension is necessary.

(c) If your response filed under paragraph (a)(1) of this section includes a request for a waiver of an informational requirement, your request for a waiver is granted if the OCC fails to act on it within 15 calendar days after the filing of your response, unless the OCC extends the review period under paragraph (b). If the OCC extends the review period under paragraph (b), your request is granted if the OCC fails to act on it by the end of the extended review period.