StacksVerified U.S. regulatory reference

12 CFR §313.51

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)Where the FDIC is the creditor agency, it shall promptly refund any amount deducted under the authority of 5 U.S.C. 5514 when the debt is compromised or otherwise found not to be owing to the United States, or when an administrative or judicial order directs the FDIC to make a refund.
  2. (b)Unless required by law or contract, such refunds shall not bear interest.