---
kind: "section"
citation: "12 C.F.R. § 1003.6"
title: "12"
number: "1003.6"
heading: "Enforcement."
url: "https://uscodex.org/cfr/12/1003.6"
---

# §1003.6. Enforcement.

- (a) **Administrative enforcement.** A violation of the Act or this part is subject to administrative sanctions as provided in section 305 of the Act ([12 U.S.C. 2804](/usc/12/2804.md)), including the imposition of civil money penalties, where applicable. Compliance is enforced by the agencies listed in [section 305](/cfr/12/305.md) of the Act.
- (b) **Bona fide errors.**
  - (1) An error in compiling or recording data for a covered loan or application is not a violation of the Act or this part if the error was unintentional and occurred despite the maintenance of procedures reasonably adapted to avoid such an error.
  - (2) An incorrect entry for a census tract number is deemed a bona fide error, and is not a violation of the Act or this part, provided that the financial institution maintains procedures reasonably adapted to avoid such an error.
- (c) **Quarterly recording and reporting.**
  - (1) If a financial institution makes a good-faith effort to record all data required to be recorded pursuant to [§ 1003.4(f)](/cfr/12/1003.4.md?p=f) fully and accurately within 30 calendar days after the end of each calendar quarter, and some data are nevertheless inaccurate or incomplete, the inaccuracy or omission is not a violation of the Act or this part provided that the institution corrects or completes the data prior to submitting its annual loan/application register pursuant to [§ 1003.5(a)(1)(i)](/cfr/12/1003.5.md?p=a-1-i).
  - (2) If a financial institution required to comply with [§ 1003.5(a)(1)(ii)](/cfr/12/1003.5.md?p=a-1-ii) makes a good-faith effort to report all data required to be reported pursuant to [§ 1003.5(a)(1)(ii)](/cfr/12/1003.5.md?p=a-1-ii) fully and accurately within 60 calendar days after the end of each calendar quarter, and some data are nevertheless inaccurate or incomplete, the inaccuracy or omission is not a violation of the Act or this part provided that the institution corrects or completes the data prior to submitting its annual loan/application register pursuant to [§ 1003.5(a)(1)(i)](/cfr/12/1003.5.md?p=a-1-i).

## Notes

### Amendments

[80 FR 66313, Oct. 28, 2015, as amended at 82 FR 43145, 43146, Sept. 13, 2017]

### Authority

Authority: 12 U.S.C. 2803, 2804, 2805, 5512, 5581.

### Source

Source: 76 FR 78468, Dec. 19, 2011, unless otherwise noted.

### Amendments

[80 FR 66313, Oct. 28, 2015, as amended at 82 FR 43145, 43146, Sept. 13, 2017]