12 C.F.R. § 1780.80   Inflation adjustments.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 1780—RULES OF PRACTICE AND PROCEDURE
Subpart E—Civil Money Penalty Inflation Adjustments

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§ 1780.80   Inflation adjustments.

The maximum amount of each civil money penalty within OFHEO's jurisdiction is adjusted in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 (28 U.S.C. 2461 note) as follows:

 ------------------------------------------------------------------------                                                   New adjusted maximum     U.S. code citation          Description          penalty amount------------------------------------------------------------------------12 U.S.C. 4636(b)(1)........  First Tier.......                    6,50012 U.S.C. 4636(b)(2)........  Second Tier                         11,000                               (Executive                               Officer or                               Director).12 U.S.C. 4636(b)(2)........  Second Tier                         32,500                               (Enterprise).12 U.S.C. 4636(b)(3)........  Third Tier                         130,000                               (Executive                               Officer or                               Director).12 U.S.C. 4636(b)(3)........  Third Tier                       1,275,000                               (Enterprise).------------------------------------------------------------------------

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