12 C.F.R. § 1073.102

Purpose.

Last amended: 2017Year: 2026Length: 134 wordsOfficial source

Cite as 12 C.F.R. § 1073.102 (2026)

The purpose of this part is to implement Federal statutes and regulatory standards authorizing the Bureau to collect debts owed to the United States. This part is intended to be consistent with the following Federal statutes and regulations: (1) DCIA at 31 U.S.C. 3711 (collection and compromise of claims), section 3716 (administrative offset), section 3717 (interest and penalty on claims), and section 3718 (contracts for collection services); 31 CFR part 285 (debt collection authorities under the DCIA) (2) 31 CFR chapter IX and parts 900 through 904 (FCCS); (3) 5 U.S.C. 5514, 5 CFR part 550, subpart K (salary offset); (4) 5 U.S.C. 5584 (waiver of claims for overpayment); (5) 31 U.S.C. 3720D, 31 CFR 285.11 (administrative wage garnishment); and (6) 26 U.S.C. 6402(d), 31 U.S.C. 3720A, and 31 CFR 285.2 (tax refund offset).
Cross-references to the US Code
26:640231:371131:3720A31:3720D5:55145:5584
Cross-references to the CFR
31:285.1131:285.2
12 C.F.R. § 1073.102: Purpose. | Justis AI