StacksVerified U.S. regulatory reference

36 CFR §1011.7

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Authority. The Presidio Trust may compromise a debt in accordance with the FCCS and such procedures as the Presidio Trust may adopt. (See § 1011.16 of this subpart).
  2. (b)Report to IRS. The uncollected portion of a debt owed to the Presidio Trust that is not recovered as the result of a compromise will be reported to the IRS as income to the debtor in accordance with IRS and Presidio Trust procedures.