Regulatory Text
12 C.F.R. § 608.824 — Waiver of procedural requirements.
§ 608.824 Waiver of procedural requirements. (a) The FCA may impose offset against a payment to be made to a debtor prior to the completion of the procedures required by this part, if: (1) Failure to impose the offset would substantially prejudice the Government's ability to collect the debt; and (2) The timing of the payment against which the offset will be imposed does not reasonably permit the completion of those procedures. (b) The procedures required by this part shall be complied with promptly after the offset is imposed. Amounts recovered by offset, which are later found not to be owed to the Government, shall be promptly refunded to the debtor.
Source: ecfr.gov · govinfo.gov — public domain
Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR12-SEC-214BB5
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
12 C.F.R. § 608.824
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
7109316c88d08fcf...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 12 C.F.R. § 608.824 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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Title 12 — Banks and Banking
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12 C.F.R. — public domain
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