16 CFR 1027.9
§ 1027.9 Refunds.
United States · 16 CFR — Commercial Practices · Status: effective
Cite this
- Citation
- 16 CFR 1027.9, § 1027.9 Refunds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/65091
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Full text
(a) CPSC will promptly refund to an employee any amounts deducted to satisfy debts owed to CPSC when the debt is waived, found not owed to CPSC, or when directed by an administrative or judicial order.
(b) Another creditor agency will promptly return to CPSC any amounts deducted by CPSC to satisfy debts owed to the creditor agency when the debt is waived, found not owed, or when directed by an administrative or judicial order.
(c) Unless required by law, refunds under this paragraph shall not bear interest.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.