31 CFR 212.11

§ 212.11 Compliance and record retention.

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

Cite this

Citation: 31 CFR 212.11, § 212.11 Compliance and record retention, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139462
Permanent ID: ys:prov:139462@1
SHA-256: 9d070608ce480415a323231a939a525703495e7515b317fc7f83d3052d4a7a87

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) Enforcement. Federal banking agencies will enforce compliance with this part. (b) Record retention. A financial institution shall maintain records of account activity and actions taken in response to a garnishment order, sufficient to demonstrate compliance with this part, for a period of not less than two years from the date on which the financial institution receives the garnishment order.

Legislative history

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