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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter VII - National Credit Union Administration |
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SubChapter B - Regulations Affecting the Operations of the National Credit Union Administration |
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Part 797 - Procedures for Debt Collection |
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Subpart B - Administrative Offset |
§ 797.11 - Interest, administrative costs, and penalties.
Latest version.
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§ 797.11 Interest, administrative costs, and penalties.
Where NCUA is the creditor agency, it shall assess interest, penalties and administrative costs pursuant to 31 U.S.C. 3717 and 31 CFR parts 900 through 904, unless excused in accordance with the FCCS.