StacksVerified U.S. regulatory reference

20 CFR §404.1263

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In paying contributions to a Federal Reserve bank or branch, a State may disregard a fractional part of a cent unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall be used in computing the total of contributions.