12 CFR 210.14 : Banks And Banking (§ 1.1 To Parts 1816-1899) — (Part 200 To § 219.24) — Federal Reserve System (Part 200 To § 219.24) — Board Of Governors Of The Federal Reserve System (Part 200 To § 219.24) — Collection Of Checks And Other Items By Federal Reserve Banks And Funds Transfers Through Fedwire (Regulation J) (§ 210.1 To Appendix B To Subpart B Of Part 210) — Collection Of Checks And Other Items By Federal Reserve Banks (§ 210.1 To § 210.15) — Extension of time limits.

4 Aug 2016

If a bank (including a Reserve Bank) or nonbank payor is delayed in acting on an item beyond applicable time limits because of interruption of communication or computer facilities, suspension of payments by a bank or nonbank payor, war, emergency conditions, failure of equipment, or other circumstances beyond its control, its time for acting is extended for the time necessary to complete the action, if it exercises such diligence as the circumstances require.

12 CFR 210.14
[Reg. J, 59 FR 22967, May 4, 1994]