12 CFR 1073.208 - Refunds.

Regulations last checked for updates: May 03, 2025

Title 12 - Banks and Banking last revised: Apr 15, 2025

View all text of Subpart B [§ 1073.201 - § 1073.210]

§ 1073.208 - 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.

authority: 5 U.S.C. 301; 5 U.S.C. 5514; 31 U.S.C. 3711,

source: 78 FR 41678, July 11, 2013, unless otherwise noted.

cite as: 12 CFR 1073.208