12 CFR 1410.4
§ 1410.4 Payment of premiums.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 1410.4, § 1410.4 Payment of premiums, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51150
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Full text
(a) Payments. Each insured bank shall pay to the Corporation the amount of the premium due to the Corporation computed in accordance with sections 5.55 and 5.56 of the Act, and § 1410.3 of this part, and shown on its certified statement, at the time the statement is filed. Certified statements shall be considered to have been filed and payments made in a timely manner if they are received on or before January 31 following the end of the calendar year on which the certified statement is based.
(b) Premiums as obligations of insured banks. Premiums required to be paid by § 1410.3 are obligations of the insured banks, and are to be paid at the times required by this section, regardless of whether the insured bank has assessed and collected any assessments under section 1.12 of the Act.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.