Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 49 - Transportation |
Subtitle B - Other Regulations Relating to Transportation |
Chapter X - Surface Transportation Board |
SubChapter A - General Rules and Regulations |
Part 1017 - Debt Collection - Collection by Offset from Indebted Government and Former Government Employees |
§ 1017.12 - Statute of limitations.
Latest version.
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§ 1017.12 Statute of limitations.
If a debt has been outstanding for more than 10 years after the agency's right to collect the debt first accrued, the agency may not collect by salary offset unless facts material to the Government's right to collect were not known and could not reasonably have been known by the official or officials who were charged with the responsibility for discovery and collection of such debts.