StacksVerified U.S. regulatory reference

12 CFR §1091.110

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)At any time, a person and the initiating official may enter into a consent agreement by which the person voluntarily consents to the Bureau's supervisory authority under 12 U.S.C. 5514. The consent agreement shall constitute an order authorized by 12 U.S.C. 5514(a)(1)(C).
  2. (b)A consent agreement under this section does not constitute an admission that a person is a nonbank covered person that is engaging, or has engaged, in conduct that poses risks to consumers with regard to the offering or provision of consumer financial products or services.
  3. (c)A consent agreement may specify a period of time that the person will be subject to the Bureau's authority under 12 U.S.C. 5514. If the consent agreement specifies a period of time, it shall not be eligible for a petition for termination pursuant to § 1091.113. If the consent agreement does not specify a period of time, the consent agreement will continue until terminated pursuant to § 1091.113.
  4. (d)A consent agreement under this section shall state that the person waives any right to judicial review of the consent agreement.
  5. (e)The initiating official encloses a proposed consent agreement with the Notice of Reasonable Cause under § 1091.103(b).