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§1291.61. Recovery of subsidy for member noncompliance.

12 C.F.R. § 1291.61

A Bank shall recover from a member the amount of any AHP subsidy (plus interest, if appropriate) not used in compliance with the commitments in the member's AHP application or the requirements of this part as a result of the actions or omissions of the member.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 1430(j).

Source

Source: 83 FR 61231, Nov. 28, 2018, unless otherwise noted.