12 C.F.R. § 987.7   Liability of Banks, Finance Board, Office of Finance and Federal Reserve Banks.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 987—BOOK-ENTRY PROCEDURE FOR CONSOLIDATED OBLIGATIONS

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§ 987.7   Liability of Banks, Finance Board, Office of Finance and Federal Reserve Banks.

The Banks, the Finance Board, the Office of Finance and the Federal Reserve Banks may rely on the information provided in a tender, transaction request form, other transaction documentation, or Transfer Message, and are not required to verify the information. Neither the Banks, the Finance Board, the Office of Finance, the United States, nor the Federal Reserve Banks shall be liable for any action taken in accordance with the information set out in a tender, transaction request form, other transaction documentation, or Transfer Message, or evidence submitted in support thereof.

[63 FR 8059, Feb. 18, 1998, as amended at 65 FR 8268, Feb. 18, 2000]

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