Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 22 - Foreign Relations |
Chapter XV - African Development Foundation |
Part 1506 - Collection of Claims |
Subpart A - General Provisions |
§ 1506.6 - Will USADF subdivide a claim in excess of $100,000?
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§ 1506.6 Will USADF subdivide a claim in excess of $100,000?
USADF will not subdivide a claim to avoid the $100,000 limit on the Agency's authority to compromise, suspend, or terminate a debt. A debtor's liability arising from a particular transaction or contract is a single claim.