12 CFR § 1012.205 - Suspension notice prior to effective date.

---
identifier: "/us/cfr/t12/s1012.205"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1012.205 - Suspension notice prior to effective date."
title_number: 12
title_name: "Banks and Banking"
section_number: "1012.205"
section_name: "Suspension notice prior to effective date."
chapter_name: "CONSUMER FINANCIAL PROTECTION BUREAU"
part_number: "1012"
part_name: "SPECIAL RULES OF PRACTICE (REGULATION L)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 5512, 5581; 15 U.S.C. 1718."
regulatory_source: "76 FR 79524, Dec. 21, 2011, unless otherwise noted."
cfr_part: "1012"
---


# 1012.205 Suspension notice prior to effective date.

A suspension pursuant to § 1010.45(a) of this chapter shall be effected by service of a suspension notice which shall contain:

(a) An identification of the filing to which the notice applies.

(b) A specification of the deficiencies of form, disclosure, accuracy, documentation or fee tender which constitute the grounds under § 1010.45(a) of this chapter, of the suspension, and of the additional or corrective procedure, information, documentation, or tender which will satisfy the Director's requirements.

(c) A notice of the hearing rights of the developer under § 1012.210 and of the procedures for invoking those rights.

(d) A notice that, unless otherwise ordered, the suspension shall remain in effect until 30 days after the developer cures the specified deficiencies as required by the notice.