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§ 370.26 What limitations exist on liability?

31 CFR 370.26

Citation31 CFR 370.26
CorpusDaily eCFR
Displayed edition2026-09-10
Last updated2026-09-10

§ 370.26 What limitations exist on liability?

If we sustain a loss because a financial institution fails to handle an entry in accordance with this part, the financial institution is liable to us for the loss, but not beyond the amount of the debit entry. In no instance does our liability extend beyond the amount of the debit entry.