{"data":{"id":"us/12-cfr-1807.907","jurisdiction":"us","citation":"12 CFR 1807.907","heading":"Limitation on liability.","body":"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.","path":["Title 12—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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"a7ccd8b23fdbc14648e3afa6fa8a9cf2da22aff47b92fad2b4795cdc3bd57a14","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1807.906","next":"us/12-cfr-1807.908"},"notice":"GroundRules: Original legal text. Not legal advice."}