§313.27. Refunds.
12 C.F.R. § 313.27
Amounts recovered by administrative offset but later found not to be owed to the Government shall be promptly refunded. Unless required by law or contract, such refunds shall not bear interest.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 5514; 12 U.S.C. 1818(i), 1819(a); Pub. L. 104-134, 110 Stat. 1321 (31 U.S.C. 3701, 3711, 3716).
Source
Source: 67 FR 48527, July 25, 2002, unless otherwise noted.