Title 7

SECTION 760.1708

760.1708 Payment limitation and AGI.

§ 760.1708 Payment limitation and AGI.

(a) Per loss year, a person or legal entity, other than a joint venture or general partnership, is eligible to receive, directly or indirectly payments of not more than $125,000.

(b) The direct attribution provisions in § 760.1507 apply for payment limitation as defined and used in this subpart.