12 C.F.R. § 1701.6 Delinquent payment.
Title 12 - Banks and Banking
(a) Interest and penalties. The Director may assess interest and penalties on any delinquent semiannual payment or partial payment collected under this part in accordance with 31 U.S.C. 3717 (interest and penalty on claims) and 12 CFR part 1704 (debt collection). The Director may waive interest and penalties in his or her discretion. (b) Transfer to general fund. Any interest and penalties collected under this section shall be transferred to the general fund of the Treasury of the United States.
Title 12: Banks and Banking
PART 1701—ASSESSMENTS
§ 1701.6 Delinquent payment.
