12 CFR Part 1411

Part 1411—Rules of Practice and Procedure

Banks and Banking · Chapter XIV, Chapter XIV—Farm Credit System Insurance Corporation

12 CFR Part 1411

Official text on eCFR ↗

Words: 46
Sections: 1
Last amended: January 14, 2025
Administered by: Farm Credit System Insurance Corporation

12 CFR Part 1411

Text as published by eCFR on 2026-07-30.

PART 1411—RULES OF PRACTICE AND PROCEDURE

Authority:

12 U.S.C. 2277a-7(10), 2277a-14(c) and (d); 28 U.S.C. 2461 note.

Subpart A—Rules and Procedures for Assessment and Collection of Civil Money Penalties

§ 1411.1 Inflation adjustment of civil money penalties for failure to file a certified statement, pay any premium required or obtain approval before employment of persons convicted of criminal offenses.

In accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended, a civil money penalty imposed pursuant to section 5.65(c) or (d) of the Farm Credit Act of 1971, as amended, shall not exceed $264 per day for each day the violation continues.

[90 FR 2922, Jan. 14, 2025]