12 CFR 1075.107
§ 1075.107 Allocating funds to consumer education and financial literacy programs.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 1075.107, § 1075.107 Allocating funds to consumer education and financial literacy programs, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49895
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Full text
(a) If funds available under § 1075.105(c) remain after the Fund Administrator allocates funds as described in § 1075.106(a), the Fund Administrator may allocate those remaining funds for consumer education and financial literacy programs.
(b) The Fund Administrator shall not have the authority to allocate funds to particular consumer education or financial literacy programs or otherwise to select the particular consumer education or financial literacy programs for which allocated funds will be used.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.