StacksVerified U.S. regulatory reference

12 CFR §229.37

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
The effect of the provisions of subpart C may be varied by agreement, except that no agreement can disclaim the responsibility of a bank for its own lack of good faith or failure to exercise ordinary care, or can limit the measure of damages for such lack or failure; but the parties may determine by agreement the standards by which such responsibility is to be measured if such standards are not manifestly unreasonable.