{"data":{"id":"us/12-cfr-1091.110","jurisdiction":"us","citation":"12 CFR 1091.110","heading":"Voluntary consent to Bureau's authority.","body":"(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).\n(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.\n(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.\n(d) A consent agreement under this section shall state that the person waives any right to judicial review of the consent agreement.\n(e) The initiating official encloses a proposed consent agreement with the Notice of Reasonable Cause under § 1091.103(b).","path":["Title 12—Banks and Banking","CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU","PART 1091—PROCEDURES FOR SUPERVISORY DESIGNATION PROCEEDINGS","Subpart B—Determination and Voluntary Consent Procedures"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"473a6e1a346b081bff0e47d82d1058cb8532acdadf8fea04b0ebf9b6c8fd56d2","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1091.109","next":"us/12-cfr-1091.111"},"notice":"GroundRules: Original legal text. Not legal advice."}