31 C.F.R. · Money and Finance: Treasury
31 C.F.R. § 29.523

Equity and good conscience.

Title 31 C.F.R. ● ACTIVE Primary Source
Regulatory Text

31 C.F.R. § 29.523 — Equity and good conscience.

§ 29.523 Equity and good conscience. Recovery is against equity and good conscience when there is substantial evidence that— (a) It would cause financial hardship to the person from whom it is sought no matter what the amount and length of the proposed installment; (b) The recipient of the overpayment can show (regardless of his or her financial circumstances) that due to the notice that such payment would be made or because of the incorrect payment he or she either has relinquished a valuable right or has changed positions for the worse; or (c) Recovery would be unconscionable under the circumstances.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR31-SEC-03B645
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REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
31 C.F.R. § 29.523
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CFR — Code of Federal Regulations
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PRIMARY-SOURCE
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The regulatory text of 31 C.F.R. § 29.523 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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