§ 370.26. What limitations exist on liability?
52 words·~1 min read·
/us/cfr/t31/s§ 370.26·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If we sustain a loss because a financial institution fails to handle an entry in accordance with this part, the financial institution is liable to us for the loss, but not beyond the amount of the debit entry. In no instance does our liability extend beyond the amount of the debit entry.