29 CFR 4903.17
§ 4903.17 When will PBGC refer debts owed to PBGC to the Department of Justice?
United States · 29 CFR — Labor · Status: effective
Cite this
- Citation
- 29 CFR 4903.17, § 4903.17 When will PBGC refer debts owed to PBGC to the Department of Justice?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/131500
- Permanent ID
ys:prov:131500@1- SHA-256
aa4b65c0e12af37a361cc4731bb8f8657a75bebaf896504c8fc656e21f3ae776
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
PBGC may initiate litigation pursuant to 29 U.S.C. 1302 with delinquent debts on which aggressive collection activity has been taken in accordance with this part and that should not be compromised, and on which collection activity should not be suspended or terminated. Alternatively, PBGC may refer debts owed to PBGC having a principal balance over $100,000, or such higher amount as authorized by the Attorney General, to the Department of Justice for approval of any compromise of a debt or suspension or termination of collection activity. See §§ 4903.8 and 4903.9 of this part; 31 CFR 902.1, 903.1, and part 904. PBGC may authorize the Financial Management Service to refer to the Department of Justice for litigation those delinquent debts that have been transferred to the Financial Management Service under § 4903.10 of this part.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.