§ 802.506. Determination not to undertake an investigation.
70 words·~1 min read·
/us/cfr/t31/s§ 802.506·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the Committee determines, during the review period described in § 802.503, not to undertake an investigation of a notified covered real estate transaction, action under section 721 shall be concluded. An official at the Department of the Treasury shall promptly inform the parties to a covered real estate transaction in writing of a determination of the Committee not to undertake an investigation and to conclude action under section 721.