No-action letter
Encyclopedia
A no-action letter is a letter written by the staff members of a government agency
, requested by an entity subject to regulation
by that agency, indicating that the staff will not recommend that the agency take legal action against the entity should the entity engage in a course of action proposed by the entity through its request for a no-action letter.
Government agency
A government or state agency is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an intelligence agency. There is a notable variety of agency types...
, requested by an entity subject to regulation
Regulation
Regulation is administrative legislation that constitutes or constrains rights and allocates responsibilities. It can be distinguished from primary legislation on the one hand and judge-made law on the other...
by that agency, indicating that the staff will not recommend that the agency take legal action against the entity should the entity engage in a course of action proposed by the entity through its request for a no-action letter.