550.1106—Time limit on collection of debts.

Under the FCCS as defined in § 550.1103, agencies may not initiate offset to collect a debt more than 10 years after the Government's right to collect the debt first accrued, with certain exceptions explained in that paragraph.

Code of Federal Regulations

[51 FR 21325, June 12, 1986, as amended at 63 FR 72100, Dec. 31, 1998]