Interest, administrative costs, and penalties.

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. National Credit Union Administration
  5. Regulations Affecting the Operations of the National Credit Union Administration
  6. Procedures for Debt Collection
  7. Administrative Offset
  8. Interest, administrative costs, and penalties.

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§ 797.11 Interest, administrative costs, and penalties.

Where NCUA is the creditor agency, it shall assess interest, penalties and administrative costs pursuant to 31 U.S.C. 3717 and 31 CFR parts 900 through 904, unless excused in accordance with the FCCS.


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