Code of Federal Regulations · Section
§ 313.50 — Interest, Penalties, And Administrative Costs
12 C.F.R. § 313.50
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Where the FDIC is the creditor agency, it shall assess interest, penalties, and administrative costs pursuant to 31 U.S.C. 3717 and 31 CFR parts 900 through 904.
Authorizing Statute
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Interest and penalty on claims31 U.S.C. § 3717
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Termination of status as insured depository institution12 U.S.C. § 1818
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514
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Definitions and application31 U.S.C. § 3701