12 CFR 602.15 - Interest on unpaid fees.

Regulations last checked for updates: May 19, 2024

Title 12 - Banks and Banking last revised: May 16, 2024

View all text of Subpart C [§ 602.10 - § 602.16]

§ 602.15 - Interest on unpaid fees.

If you fail to pay fees on time, FCA may charge you interest starting on the 31st calendar day following the date we bill you. We will charge you interest at the rate allowed by law (31 U.S.C. 3717) on the billing date.

authority: Secs. 5.9, 5.17, 5.59 of the Farm Credit Act (12 U.S.C. 2243,2252,2277a; 5 U.S.C 301, 552; 12 U.S.C. 1821(t); 52 FR 10012; E.O. 12600; 52 FR 23781, 3 CFR 1987, p. 235

source: 64 FR 41770, Aug. 2, 1999, unless otherwise noted.

cite as: 12 CFR 602.15