Any member bank, or any officer, director, employee, agent, or other person participating in the conduct of the affairs of the bank, that violates any provision of this part (other than § 215.9) is subject to civil penalties as specified in section 29 of the Federal Reserve Act (12 U.S.C. 504).
[Reg. O, 71 FR 71475, Dec. 11, 2006]
authority: 12 U.S.C. 248(a), 375a(10), 375b(9) and (10), 1468, 1817(k), 5412; and Pub. L. 102-242, 105 Stat. 2236 (1991) (
12 U.S.C. 1811 note)
source: Reg. O, 59 FR 8837, Feb. 24, 1994, unless otherwise noted.
cite as: 12 CFR 215.11