The regulation by the Federal Reserve Bank to implement the law, which mandates the time limits for funds availability on, deposited items.
a regulation by the Federal Reserve Board regarding check collection and availability of funds
The regulation, all amendments thereto and official interpretations thereof (12 C.F.R. part 229) promulgated by the Board of Governors of the Federal Reserve System implementing Title VI of the Expedited Funds Availability Act (12 U.S.C. § 4001 et. seq.).
A Federal Reserve Board regulation governing the availability of funds and collection of checks. The regulation sets legal limits on the time banks can take before making deposited funds available for withdrawal.
A Federal Reserve System regulation for compliance by all financial institutions regarding the limits on the number of days that a check may be held for collection upon being deposited. Also defines the requirements of disclosures that must be made in support of account holder awareness of the hold policies of individual financial institutions and establishes endorsement criteria that must be met by each financial institution handling a check.