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31 CFR 370.26

§ 370.26 What limitations exist on liability?

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

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31 CFR 370.26, § 370.26 What limitations exist on liability?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/140661
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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.

Legislative history

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