Regulations last checked for updates: Oct 17, 2024

Title 16 - Commercial Practices last revised: Oct 09, 2024
§ 1.120 - Purpose.

This subpart establishes procedures for the Commission's referral of past-due legally enforceable debts to the Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) for offset against the tax refund payments of the debtor, consistent with applicable Fiscal Service regulations and definitions set forth in 31 CFR 285.2 and 285.5.

source: 32 FR 8444, June 13, 1967, unless otherwise noted.
cite as: 16 CFR 1.120