Federal Reserve Board Approves Final Amendments to Liability Provisions of Regulation CC

Orrick - Finance 20/20
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On September 12, the Federal Reserve Board approved final amendments to the liability provisions of Regulation CC to reflect the changes in the check collection system from one that is paper-based to one that is now virtually all electronic. Release.

 

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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