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Availability of Funds and Collection of Checks

Fed · final-rule · Published 2024-05-20 · Effective 2025-07-01 · 89 FR 43737

Document

Document number: 2024-10844
Federal Register citation: 89 FR 43737
CFR reference: 12 CFR 229
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Federal Reserve System
Publication date: 2024-05-20
Effective date: 2025-07-01
Docket: Regulation CC

Abstract

The Board and the CFPB (collectively, the Agencies) are amending Regulation CC, which implements the Expedited Funds Availability Act (EFA Act) and the Check Clearing for the 21st Century Act (Check 21 Act), to fulfill a statutory requirement in the EFA Act to adjust the dollar amounts under the EFA Act for inflation.

Source

Authoritative: Federal Register document
Machine: JSON-LD · Markdown