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12 CFR 797.15

§ 797.15 Administrative offset against amounts payable from Civil Service Retirement and Disability Fund.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 797.15, § 797.15 Administrative offset against amounts payable from Civil Service Retirement and Disability Fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49140
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Full text

NCUA may request that monies payable to a debtor from the Civil Service Retirement and Disability Fund be administratively offset to collect debts owed to NCUA by the debtor. NCUA shall provide OPM with a written certification that states the debtor owes the debt, the amount of the debt, and that NCUA has complied with the agency's offset regulations, as well as, the requirements set forth in 31 CFR parts 900 through 904 and OPM's regulations.

Legislative history

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