15 CFR · Commerce and Foreign Trade

§ 960.7 — License grant or denial.

15 CFR § 960.7

This text of 15 C.F.R. § 960.7 (License grant or denial.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
15 C.F.R. § 960.7 (2026).

Text

§ 960.7 License grant or denial.

(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 req

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Related

§ 960.5
15 C.F.R. § 960.5

Nearby Sections

11

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Bluebook (online)
15 C.F.R. § 960.7, Counsel Stack Legal Research, https://law.counselstack.com/cfr/15/960/960.7.
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