Title 45 Part 1150 → Subpart D → §1150.43

Title 45 → Subtitle B → Chapter XI → Subchapter B → Part 1150 → Subpart D → §1150.43

Electronic Code of Federal Regulations e-CFR

Title 45 Part 1150 → Subpart D → §1150.43

e-CFR data is current as of October 17, 2019

Title 45Subtitle BChapter XISubchapter BPart 1150Subpart D → §1150.43

Title 45: Public Welfare
Subpart D—Administrative Offset

§1150.43   When may the Endowment make an offset in an expedited manner?

The Endowment may effect an administrative offset against a payment to be made to you before completion of the procedures required by §§1150.41 and 1150.42 if failure to take the offset would substantially jeopardize the Endowment's ability to collect the debt and the time before the payment is to be made does not reasonably permit the completion of those procedures. An expedited offset will be followed promptly by the completion of those procedures. Amounts recovered by offset, but later found not to be owed to the Endowment, will be promptly refunded.

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