# 12 C.F.R. § 313.127 (2026): Correcting and updating referral

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_127

## Section

- **Citation:** 12 C.F.R. § 313.127 (2026)
- **Heading:** Correcting and updating referral
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 313: PROCEDURES FOR COLLECTION OF CORPORATE DEBT, CRIMINAL RESTITUTION DEBT, AND CIVIL MONEY PENALTY DEBT / Subpart E: Tax Refund Offset / § 313.127: § 313.127   Correcting and updating referral.

## Text

If, after referring a past-due legally enforceable debt to FMS as provided in § 313.125, the FDIC determines that an error has been made with respect to the information transmitted to FMS, or if the FDIC receives a payment or credits a payment to the account of the debtor referred to FMS for offset, or if the debt amount is otherwise incorrect, the FDIC shall promptly notify FMS and make the appropriate correction of the FDIC's records. FDIC will provide certification as required under § 313.123 for any increases to amounts owed. In the event FMS rejects an FDIC certification for failure to comply with § 323.123, the FDIC may resubmit the debt with a corrected certification.
[67 FR 48527, July 25, 2002. Redesignated at 71 FR 75661, Dec. 18, 2006]

## Nearby sections

- [12 C.F.R. § 313.120 (2026) § 313.120   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_120.md)
- [12 C.F.R. § 313.121 (2026) § 313.121   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_121.md)
- [12 C.F.R. § 313.122 (2026) § 313.122   Notification of debt to FMS.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_122.md)
- [12 C.F.R. § 313.123 (2026) § 313.123   Certification and referral of debt.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_123.md)
- [12 C.F.R. § 313.124 (2026) § 313.124   Pre-offset notice and consideration of evidence.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_124.md)
- [12 C.F.R. § 313.125 (2026) § 313.125   No requirement for duplicate notice.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_125.md)
- [12 C.F.R. § 313.126 (2026) § 313.126   Referral of past-due, legally enforceable debt.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_126.md)
- [12 C.F.R. § 313.127 (2026) § 313.127   Correcting and updating referral.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_127.md)
- [12 C.F.R. § 313.128 (2026) § 313.128   Disposition of amounts collected.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_128.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P313_S313_127. Check the current official text before relying on it. Not legal advice.