12 CFR 267.4 - Administrative wage garnishment.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Part 267 [§ 267.1 - § 267.6]

§ 267.4 - Administrative wage garnishment.

The Board may collect debts, or refer debts for collection, from the wages of persons employed outside of the Federal Government by administrative wage garnishment in accordance with the requirements of 31 U.S.C. 3720D. Prior to such garnishment, the debtor will be provided a hearing in accordance with the procedures described at 31 CFR 285.11(f).

authority: 5 U.S.C. 5514; 12 U.S.C. 244,248; 31 U.S.C. 3711,3716,3717,3720A,3720D

source: 84 FR 15503, Apr. 16, 2019, unless otherwise noted.

cite as: 12 CFR 267.4