§ 1075.109 - When payments to victims are impracticable.  


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  • § 1075.109 When payments to victims are impracticable.

    (a) Individual payments. Making a payment to an individual victim will be deemed impracticable if:

    (1) The payment to the victim would be of such a small amount that the victim would not be likely to redeem the payment;

    (2) The payment to the victim is too small to justify the cost of locating the victim and making the payment;

    (3) The victim cannot be located with effort that is reasonable in light of the amount of the payment;

    (4) The victim does not timely submit information that a distribution plan requires to be submitted before a payment will be made;

    (5) The victim does not redeem the payment within a reasonable time; or

    (6) The Fund Administrator determines that other circumstances make it unreasonable to make a payment to the victim.

    (b) Payments to a class of victims. Making payments to a class of victims will be deemed impracticable if:

    (1) The expected aggregate actual payment to the class of victims is too small to justify the costs of locating the victims in the class and making payments to them;

    (2) It would be impracticable under paragraph (a) of this section to make a payment to any victim in the class; or

    (3) The Fund Administrator determines that other circumstances make it unreasonable to make payments to the class.