12 CFR 229.37 - Variation by agreement.

§ 229.37 Variation by agreement.
The effect of the provisions of subpart C may be varied by agreement, except that no agreement can disclaim the responsibility of a bank for its own lack of good faith or failure to exercise ordinary care, or can limit the measure of damages for such lack or failure; but the parties may determine by agreement the standards by which such responsibility is to be measured if such standards are not manifestly unreasonable.

Title 12 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 12 CFR Part 229.

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United States Code