# 12 C.F.R. § 1807.907 (2026): Limitation on liability

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_907

## Section

- **Citation:** 12 C.F.R. § 1807.907 (2026)
- **Heading:** Limitation on liability
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter XVIII: COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY / Part 1807: CAPITAL MAGNET FUND / Subpart I: Terms and Conditions of a CMF Award / § 1807.907: § 1807.907   Limitation on liability.

## Text

The liability of the CDFI Fund and the United States Government arising out of any CMF Award shall be limited to the amount of the CMF Award. The CDFI Fund shall be exempt from any assessments and other liabilities that may be imposed on controlling or principal shareholders by any Federal law or the law of any State. Nothing in this section shall affect the application of any Federal tax law.

## Nearby sections

- [12 C.F.R. § 1807.900 (2026) § 1807.900   Assistance agreement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_900.md)
- [12 C.F.R. § 1807.901 (2026) § 1807.901   Payment of funds.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_901.md)
- [12 C.F.R. § 1807.902 (2026) § 1807.902   Data collection and reporting.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_902.md)
- [12 C.F.R. § 1807.903 (2026) § 1807.903   Compliance with government requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_903.md)
- [12 C.F.R. § 1807.904 (2026) § 1807.904   Lobbying restrictions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_904.md)
- [12 C.F.R. § 1807.905 (2026) § 1807.905   Criminal provisions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_905.md)
- [12 C.F.R. § 1807.906 (2026) § 1807.906   CDFI Fund deemed not to control.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_906.md)
- [12 C.F.R. § 1807.907 (2026) § 1807.907   Limitation on liability.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_907.md)
- [12 C.F.R. § 1807.908 (2026) § 1807.908   Fraud, waste and abuse.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_908.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P1807_S1807_907. Check the current official text before relying on it. Not legal advice.