---
kind: "section"
citation: "12 C.F.R. § 1075.109"
title: "12"
number: "1075.109"
heading: "When payments to victims are impracticable."
url: "https://uscodex.org/cfr/12/1075.109"
---

# §1075.109. When payments to victims are impracticable.

- (a) **Individual payments.** Making a payment to an individual victim will be deemed impracticable if:
  - (1) The payment to the victim would be of such a small amount that the victim would not be likely to redeem the payment;
  - (2) The payment to the victim is too small to justify the cost of locating the victim and making the payment;
  - (3) The victim cannot be located with effort that is reasonable in light of the amount of the payment;
  - (4) The victim does not timely submit information that a distribution plan requires to be submitted before a payment will be made;
  - (5) The victim does not redeem the payment within a reasonable time; or
  - (6) The Fund Administrator determines that other circumstances make it unreasonable to make a payment to the victim.
- (b) **Payments to a class of victims.** Making payments to a class of victims will be deemed impracticable if:
  - (1) The expected aggregate actual payment to the class of victims is too small to justify the costs of locating the victims in the class and making payments to them;
  - (2) It would be impracticable under [paragraph (a)](#a) of this section to make a payment to any victim in the class; or
  - (3) The Fund Administrator determines that other circumstances make it unreasonable to make payments to the class.

## Notes

### Authority

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

### Source

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