liability or legal expense

(B)The term “liability or legal expense” means— (i)any legal or other professional expense incurred in connection with any claim, proceeding, or action; (ii)the amount of, and any cost incurred in connection with, any settlement of any claim, proceeding, or action; and (iii)the amount of, and any cost incurred in connection with, any judgment or penalty imposed with respect to any claim, proceeding, or action.

Source

12 USC § 1786(t)()(5)(B)


Scoping language

None: Default is title Scope
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