§ 81.98. Liability of GSEs and Federal Reserve Banks.
57 words·~1 min read·
/us/cfr/t24/s§ 81.98·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A GSE and the Federal Reserve Banks may rely on the information provided in a Transfer Message, and are not required to verify the information. A GSE and the Federal Reserve Banks shall not be liable for any action taken in accordance with the information set out in a Transfer Message, or evidence submitted in support thereof.