12 CFR § 797.12 - Refunds.

---
identifier: "/us/cfr/t12/s797.12"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 797.12 - Refunds."
title_number: 12
title_name: "Banks and Banking"
section_number: "797.12"
section_name: "Refunds."
chapter_name: "NATIONAL CREDIT UNION ADMINISTRATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AFFECTING THE OPERATIONS OF THE NATIONAL CREDIT UNION ADMINISTRATION"
part_number: "797"
part_name: "PROCEDURES FOR DEBT COLLECTION"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1752a; 5 U.S.C. 5514; 31 U.S.C. 3711, 3716, 3720A, 3720D."
regulatory_source: "73 FR 11341, Mar. 3, 2008, unless otherwise noted."
cfr_part: "797"
---


# 797.12 Refunds.

NCUA shall refund promptly those amounts recovered by offset but later found not to be owed to the federal government.