12 CFR § 210.14 Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through the Fedwire Funds Service and the Fednow Service (Regulation J)

§ 210.14 Extension of time limits.

Current through Oct 1, 2026 · Read all of Part 210

⚠ 1 pending change to Part 210

If a bank (including a Reserve Bank) or nonbank payor is delayed in acting on an item beyond applicable time limits because of interruption of communication or computer facilities, suspension of payments by a bank or nonbank payor, war, emergency conditions, failure of equipment, or other circumstances beyond its control, its time for acting is extended for the time necessary to complete the action, if it exercises such diligence as the circumstances require.

[Reg. J, 59 FR 22967, May 4, 1994]

← § 210.13 Unpaid items.§ 210.15 Direct presentment of certain warrants. →