12 CFR 1206.7

§ 1206.7 Delinquent payment.

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

Cite this

Citation: 12 CFR 1206.7, § 1206.7 Delinquent payment, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50158
Permanent ID: ys:prov:50158@1
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Full text

The Director may assess interest and penalties on any delinquent semiannual payment or other payment assessed under this part in accordance with 31 U.S.C. 3717 (interest and penalty on claims) and part 1704 of this title (debt collection).

Legislative history

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