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31 CFR 802.506

§ 802.506 Determination not to undertake an investigation.

United States · 31 CFR — Money and Finance: Treasury · Status: effective

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31 CFR 802.506, § 802.506 Determination not to undertake an investigation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/144134
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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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.