StacksVerified U.S. regulatory reference

12 CFR §797.5

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
NCUA may collect a debt owed to the federal government from a person, organization, or other entity by administrative offset, pursuant to 31 U.S.C. 3716, where:
  1. (a)The debt is certain in amount;
  2. (b)Administrative offset is feasible, desirable, and not otherwise prohibited;
  3. (c)The applicable statute of limitations has not expired; and
  4. (d)Administrative offset is in the best interest of the federal government.