1. Regulations
  2. title 40
  3. chapter I
  4. part 13
  5. subpart A
  6. § 13.6

View all text of Subpart A [§ 13.1 - § 13.7]

§ 13.6 - Subdivision of claims not authorized.

A claim will not be subdivided to avoid the $20,000 limit on the Agency's authority to compromise, suspend, or terminate a debt. A debtor's liability arising from a particular transaction or contract is a single claim.

AUTHORITY: 5 U.S.C. 552a, 5512, and 5514; 31 U.S.C. 3711

SOURCE: 53 FR 37270, Sept. 23, 1988, unless otherwise noted.

CITE AS: 40 CFR 13.6