Regulations last checked for updates: May 04, 2024

Title 31 - Money and Finance: Treasury last revised: Apr 17, 2024
§ 354.9 - Liability of Sallie Mae and Federal Reserve Banks.

Sallie Mae and the Federal Reserve Banks may rely on the information provided in a Transfer Message, and are not required to verify the information. Sallie Mae and the Federal Reserve Banks shall not be liable for any action taken in accordance with the information set out in a Transfer Message or evidence submitted in support thereof.

source: 62 FR 622, Jan. 6, 1997, unless otherwise noted.
cite as: 31 CFR 354.9