2 CFR 1108.150

§ 1108.150 Delinquent debt.

United States · 2 CFR — Federal Financial Assistance · Status: effective

Cite this

Citation: 2 CFR 1108.150, § 1108.150 Delinquent debt, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1402
Permanent ID: ys:prov:1402@1
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Full text

Delinquent debt means a debt: (a) That the debtor fails to pay by the date specified in the initial written notice from the agency owed the debt, normally within 30 calendar days, unless the debtor makes satisfactory payment arrangements with the agency by that date; and (b) With respect to which the debtor has elected not to exercise any available appeals or has exhausted all agency appeal processes.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.