12 CFR 1411.1 - Inflation adjustment of civil money penalties for failure to file a certified statement, pay any premium required or obtain approval before employment of persons convicted of criminal offenses.

Regulations last checked for updates: Jun 01, 2024

Title 12 - Banks and Banking last revised: May 20, 2024

View all text of Subpart A [§ 1411.1 - § 1411.1]

§ 1411.1 - Inflation adjustment of civil money penalties for failure to file a certified statement, pay any premium required or obtain approval before employment of persons convicted of criminal offenses.

In accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended, a civil money penalty imposed pursuant to section 5.65(c) or (d) of the Farm Credit Act of 1971, as amended, shall not exceed $257 per day for each day the violation continues.

[89 FR 1445, Jan. 10, 2024]

authority: 12 U.S.C. 2277a-7(10), 2277a-14(c) and (d); 28 U.S.C. 2461

cite as: 12 CFR 1411.1