12 CFR 797.11

§ 797.11 Interest, administrative costs, and penalties.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 797.11, § 797.11 Interest, administrative costs, and penalties, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49136
Permanent ID: ys:prov:49136@1
SHA-256: eddd7ad2bf7f72f85fb0e9e1663e6e423371f2e53648c6a28f498b63c17b7078

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Full text

Where NCUA is the creditor agency, it shall assess interest, penalties and administrative costs pursuant to 31 U.S.C. 3717 and 31 CFR parts 900 through 904, unless excused in accordance with the FCCS.

Legislative history

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