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12 CFR 1208.45

§ 1208.45 Refunds.

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

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12 CFR 1208.45, § 1208.45 Refunds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50193
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Full text

FHFA shall refund promptly those amounts recovered by administrative offset but later found not to be owed to the Federal Government. Unless required by law or contract, such refunds shall not bear interest.

Legislative history

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