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§ 1291.61 Recovery of subsidy for member noncompliance.

12 CFR 1291.61

Citation12 CFR 1291.61
CorpusDaily eCFR
Displayed edition2026-09-14
Last updated2026-09-14

§ 1291.61 Recovery of subsidy for member noncompliance.

A Bank shall recover from a member the amount of any AHP subsidy (plus interest, if appropriate) not used in compliance with the commitments in the member's AHP application or the requirements of this part as a result of the actions or omissions of the member.