12 CFR § 1254.3 - Computation of time.

---
identifier: "/us/cfr/t12/s1254.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1254.3 - Computation of time."
title_number: 12
title_name: "Banks and Banking"
section_number: "1254.3"
section_name: "Computation of time."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "C"
subchapter_name: "ENTERPRISES"
part_number: "1254"
part_name: "VALIDATION AND APPROVAL OF CREDIT SCORE MODELS"
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. 4511, 4513, 4526 and Sec. 310, Pub. L. 115-174, 132 Stat. 1296."
regulatory_source: "84 FR 41904, Aug. 16, 2019, unless otherwise noted."
cfr_part: "1254"
---


# 1254.3 Computation of time.

For purposes of this part, each time period begins on the day after the relevant event occurs *(e.g.,* the day after a submission is made) and continues through the last day of the relevant period. When the last day is a Saturday, Sunday, or Federal holiday, the period runs until the end of the next business day.