12 CFR §1073.202
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The Director may collect a claim from a person by administrative offset of monies payable by the Government only after:
- (b)The Director will initiate collection by administrative offset of only those debts for which that remedy is permissible under 31 CFR 901.3(a).
- (c)Unless otherwise provided, debts or payments not subject to administrative offset under 31 U.S.C. 3716 may be collected by administrative offset under common law, or any other applicable statutory authority.