Regulations last checked for updates: Nov 21, 2024

Title 31 - Money and Finance: Treasury last revised: Nov 18, 2024
§ 16.47 - Limitations.

(a) The notice of hearing with respect to a claim or statement must be served in the manner specified in § 16.8 within 6 years after the date on which such claim or statement is made.

(b) If the defendant fails to file a timely answer, service of a notice under § 16.10(b) shall be deemed a notice of hearing for purposes of this section.

(c) The time limits of this statute of limitations may be extended by agreement of the parties.

source: 52 FR 35071, Sept. 17, 1987, unless otherwise noted.
cite as: 31 CFR 16.47