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31 CFR 358.18 - What limitations exist on liability?

§ 358.18
What limitations exist on liability?
(a) Except as otherwise provided by regulation, circular, or written agreement, any fiscal agent designated to act on our behalf is liable for its action or omission only if it failed to exercise ordinary care.
(b) We do not assume any responsibility to any party except the sending and receiving depository institutions involved in a BECCS or CUBES transaction.
(c) We do not assume any responsibility in connection with a BECCS or CUBES transaction for the insolvency, neglect, misconduct, mistake, or default of another bank or person, including the immediate participants.

Title 31 published on 2012-07-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
USC : Title 12 - BANKS AND BANKING

§ 391 - Federal reserve banks as Government depositaries and fiscal agents

USC : Title 31 - MONEY AND FINANCE

§ 3101 - Public debt limit

§ 3101A - Presidential modification of the debt ceiling

§ 3102 - Bonds

§ 3103 - Notes

§ 3104 - Certificates of indebtedness and Treasury bills

§ 3105 - Savings bonds and savings certificates

§ 3106 - Retirement and savings bonds

§ 3107 - Increasing interest rates and investment yields on retirement bonds

§ 3108 - Prohibition against circulation privilege

§ 3109 - Tax and loss bonds

§ 3110 - Sale of obligations of governments of foreign countries

§ 3111 - New issue used to buy, redeem, or refund outstanding obligations

§ 3112 - Sinking fund for retiring and cancelling bonds and notes

§ 3113 - Accepting gifts