31 CFR § 212.11
Compliance and record retention
July 31, 2023
§ 212.11 Compliance and record retention.
(a) Enforcement. Federal banking agencies will enforce compliance with this part.
(b) Record retention. A financial institution shall maintain records of account activity and actions taken in response to a garnishment order, sufficient to demonstrate compliance with this part, for a period of not less than two years from the date on which the financial institution receives the garnishment order.