Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter XVII - Office of Federal Housing Enterprise Oversight, Department of Housing and Urban Development |
SubChapter A - OFHEO Organization and Functions |
Part 1704 - DEBT COLLECTION |
Subpart C - Administrative Offset |
§ 1704.43 - Interest.
Latest version.
-
OFHEO shall assess interest, penalties, and administrative costs on debts owed to the Federal Government, in accordance with 31 U.S.C. 3717 and the FCCS. OFHEO may also assess interest and related charges on debts that are not subject to 31 U.S.C. 3717 and the FCCS to the extent authorized under the common law or other applicable statutory authority.