Regulations last checked for updates: Nov 22, 2024

Title 49 - Transportation last revised: Nov 18, 2024
§ 1018.53 - Finality of a compromise.

An offer of compromise must be in writing and signed by the debtor. An offer of compromise which is accepted by the Board is final and conclusive on the debtor and on all officials, agencies and courts of the United States, unless obtained by fraud, misrepresentation, the presentation of a false claim, or mutual mistake of fact.

authority: 31 U.S.C. 3701,31.S.C. 3711
source: 58 FR 7749, Feb. 9, 1993, unless otherwise noted.
cite as: 49 CFR 1018.53