Code · CFR · Title 12 — Banks and Banking · Part 313 — Procedures for Collection of Corporate Debt, Criminal Restitution Debt, and Civil Money Penalty Debt · § 313.51

§ 313.51. Refunds.

65 words·~1 min read·/us/cfr/t12/s§ 313.51·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Where the FDIC is the creditor agency, it shall promptly refund any amount deducted under the authority of 5 U.S.C. 5514 when the debt is compromised or otherwise found not to be owing to the United States, or when an administrative or judicial order directs the FDIC to make a refund.

(b)Unless required by law or contract, such refunds shall not bear interest.

Connectionstraces to 1

Traces to 1 document

U.S. Code

Installment deduction for indebtedness to the United States
§ 5514

Citation graph

cites case law

§ 313.51

Refunds.

U.S.C.§ 5514

Cites 1Cited by 0 across 0 sources