42 CFR 62.11 - When can a scholarship program payment obligation be discharged in bankruptcy?

Regulations last checked for updates: Nov 25, 2024

Title 42 - Public Health last revised: Nov 19, 2024

View all text of Subpart A [§ 62.1 - § 62.14]

§ 62.11 - When can a scholarship program payment obligation be discharged in bankruptcy?

In accordance with section 754(d)(3) of the Act, any payment obligation incurred under § 62.10 may not be discharged in bankruptcy under title XI of the United States Code until 5 years after the date on which the payment obligation is due.

authority: Sec. 215 of the Public Health Service Act, 58 Stat. 690, as amended, 63 Stat. 35 (42 U.S.C. 216); sec. 751 of the Public Health Service Act, 90 Stat. 2281 (42 U.S.C. 294t), unless otherwise noted

source: 45 FR 55429, Aug. 20, 1980, unless otherwise noted.

cite as: 42 CFR 62.11