29 CFR 4903.9 - When will PBGC suspend or terminate debt collection on a debt owed to PBGC?

Regulations last checked for updates: Nov 22, 2024

Title 29 - Labor last revised: Oct 31, 2024

View all text of Subpart B [§ 4903.5 - § 4903.20]

§ 4903.9 - When will PBGC suspend or terminate debt collection on a debt owed to PBGC?

If, after pursuing all appropriate means of collection, PBGC determines that a debt owed to PBGC is uncollectible, PBGC may suspend or terminate debt collection activity in accordance with the provisions of 31 CFR part 903. Termination of debt collection activity by PBGC does not discharge the indebtedness.

authority: 5 U.S.C. 5514; 29 U.S.C. 1302(b); 31 U.S.C. 3701-3719,3720A; 5 CFR part 550, subpart K; 31 CFR part 285; 31 CFR parts 900-904

source: 75 FR 68205, Nov. 5, 2010, unless otherwise noted.

cite as: 29 CFR 4903.9