31 CFR 212.1

§ 212.1 Purpose.

United States · 31 CFR — Money and Finance: Treasury · Status: effective

Cite this

Citation: 31 CFR 212.1, § 212.1 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139452
Permanent ID: ys:prov:139452@1
SHA-256: c3348df4d3a133e5005a21a2d60a38e8d94934c291a91b6a0dd1ed4596e3fe25

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Full text

The purpose of this part is to implement statutory provisions that protect Federal benefits from garnishment by establishing procedures that a financial institution must follow when served a garnishment order against an account holder into whose account a Federal benefit payment has been directly deposited.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.