12 CFR 229.37 : Banks And Banking (§ 1.1 To Parts 1816-1899) — (§ 220.1 To Appendix F To Part 229) — Federal Reserve System (Continued) (§ 220.1 To Appendix F To Part 229) — Board Of Governors Of The Federal Reserve System (Continued) (§ 220.1 To Appendix F To Part 229) — Availability Of Funds And Collection Of Checks (Regulation Cc) (§ 229.1 To Appendix F To Part 229) — Collection Of Checks (§ 229.30 To § 229.43) — Variation by agreement.

4 Aug 2016

The effect of the provisions of subpart C may be varied by agreement, except that no agreement can disclaim the responsibility of a bank for its own lack of good faith or failure to exercise ordinary care, or can limit the measure of damages for such lack or failure; but the parties may determine by agreement the standards by which such responsibility is to be measured if such standards are not manifestly unreasonable.

12 CFR 229.37