Are they a time limit on when a former employer has to make payment from time of request for my profit sharing to a 401k plan

My Former employee had a profit sharing plan that I was 100% invested in and I left the dealership in nov 2011 , and 45 day ago the dealership sent out a request form for cash out or a role over option on my profit sharing plan to a 401k , I complete my form and sent it in to the dealership for role over to a local chain bank , It has been over 45 day and the bank has not recived my check so I emailed the owner and he said that they were not enough cash in the account to give me a check yet to give to my bank to put in my 401k plan , he stated it was all in stocks and he would have to wait till they were cash in the account before he could make payment , My question is how long can he make me wait till I get my check for the role over