Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter III - Federal Deposit Insurance Corporation |
SubChapter A - Procedure and Rules of Practice |
Part 313 - Procedures for Corporate Debt Collection |
Subpart B - Administrative Offset |
§ 313.26 - Interest.
Latest version.
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§ 313.26 Interest.
Pursuant to 31 U.S.C. 3717, the FDIC shall assess interest, penalties and administrative costs on debts owed to the United States. The FDIC is authorized to assess interest and related charges on debts that are not subject to 31 U.S.C. 3717 to the extent authorized under the common law or other applicable statutory authority.