yourstate.us
15 CFR 960.7

§ 960.7 License grant or denial.

United States · 15 CFR — Commerce and Foreign Trade · Status: effective

Get this as JSONEmbed this
Cite this
Citation
15 CFR 960.7, § 960.7 License grant or denial, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/63077
Permanent ID
ys:prov:63077@1
SHA-256
0bee89bbc831773f09d565f7b991cacc42ce1d14c2a09eb81f03827a8057bfd7

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) Based on the Secretary's review of the application, the Secretary must determine whether the applicant will comply with the requirements of the Act, this part, and the license. The Secretary will presume that the applicant will comply, unless the Secretary has specific, credible evidence to the contrary. If the Secretary determines that the applicant will comply, the Secretary shall grant the license. (b) The Secretary shall make the determination in paragraph (a) of this section within 60 days of the notification under § 960.5(c), and shall notify the applicant in writing whether the license is granted or denied. (c) If the Secretary has not notified the applicant whether the license is granted or denied within 60 days, the applicant may submit a request that the license be granted. Within three days of this request, the Secretary shall grant the license, unless the Secretary determines with specific, credible evidence that the applicant will not comply with the requirements of the Act, this part, or the license, in which case the Secretary will deny the license, or the Secretary and the applicant mutually agree to extend this review period.

Legislative history

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