Code of Federal Regulations (Last Updated: November 8, 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 |
§ 313.27 - Refunds.
Latest version.
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§ 313.27 Refunds.
Amounts recovered by administrative offset but later found not to be owed to the Government shall be promptly refunded. Unless required by law or contract, such refunds shall not bear interest.