---
kind: "section"
citation: "12 C.F.R. § 1075.108"
title: "12"
number: "1075.108"
heading: "Distributing payments to victims."
url: "https://uscodex.org/cfr/12/1075.108"
---

# §1075.108. Distributing payments to victims.

- (a) **Designation of a payments administrator.** Upon allocating Civil Penalty Fund funds to a class of victims pursuant to [§ 1075.106](/cfr/12/1075.106.md), the Fund Administrator will designate a payments administrator who will be responsible for distributing payments to the victims in that class. A payments administrator may be any person, including a Bureau employee or contractor.
- (b) **Distribution plan.** The payments administrator must submit to the Fund Administrator a proposed plan for the distribution of funds allocated to a class of victims. The Fund Administrator will approve, approve with modifications, or disapprove the proposed distribution plan. If the Fund Administrator disapproves a proposed plan, the payments administrator must submit a new proposed plan.
- (c) **Contents of plan.** The Fund Administrator will instruct the payments administrator to prepare a distribution plan and may require that plan to include:
  - (1) Procedures for determining the amount each victim will receive. Such procedures may, but need not, include a process for submitting and approving claims.
  - (2) **Procedures for locating and notifying victims eligible or potentially eligible for payment.**
  - (3) The method or methods by which the payments will be made.
  - (4) The method or methods by which potentially eligible victims may contact the payments administrator.
  - (5) **Any other provisions that the Fund Administrator deems appropriate.**
- (d) **Distribution of payments.** The payments administrator will make payments to victims in a class, except to the extent such payments are impracticable, in accordance with the distribution plan approved under [paragraph (b)](#b) of this section and subject to the Fund Administrator's supervision.
- (e) **Disposition of funds remaining after attempted distribution to a class of victims.** If funds allocated to a class of victims remain after a payments administrator distributes payments to that class, the payments administrator will distribute those remaining funds as follows:
  - (1) To the extent practicable, the payments administrator will distribute those remaining funds to victims in that class up to the amount of their remaining uncompensated harm as described in [§ 1075.104(b)](/cfr/12/1075.104.md?p=b).
  - (2) Any remaining funds that cannot be distributed pursuant to [paragraph (e)(1)](#e-1) of this section will be returned to the Civil Penalty Fund.

## Notes

### Authority

Authority: 12 U.S.C. 5512(b)(1), 5497(d).

### Source

Source: 78 FR 26501, May 7, 2013, unless otherwise noted.