31 CFR 5.19 - Will Treasury entities issue a refund if money is erroneously collected on a debt?

Regulations last checked for updates: Nov 22, 2024

Title 31 - Money and Finance: Treasury last revised: Nov 18, 2024

View all text of Subpart B [§ 5.4 - § 5.19]

§ 5.19 - Will Treasury entities issue a refund if money is erroneously collected on a debt?

Treasury entities shall promptly refund to a debtor any amount collected on a Treasury debt when the debt is waived or otherwise found not to be owed to the United States, or as otherwise required by law. Refunds under this part shall not bear interest unless required by law.

authority: 5 U.S.C. 5514; 26 U.S.C. 6402; 31 U.S.C. 321,3701,3711,3716,3717,3718,3720A,3720B,3720D

source: 67 FR 65845, Oct. 28, 2002, unless otherwise noted.

cite as: 31 CFR 5.19