§15.55. Reasons for terminating collection action.
10 C.F.R. § 15.55
The NRC may terminate collection activity when:
The NRC is unable to collect any substantial amount through its own efforts or through the efforts of others;
The NRC is unable to locate the debtor;
Costs of collection are anticipated to exceed the amount recoverable,
The debt is legally without merit or enforcement of the debt is barred by any applicable statute of limitations;
The debt cannot be substantiated; or
The debt against the debtor has been discharged in bankruptcy.
Notes, amendments, and revision history
Amendments
[67 FR 30323, May 6, 2002]
Authority
Authority: Atomic Energy Act of 1954, secs. 161, 186 (42 U.S.C. 2201, 2236); Energy Reorganization Act of 1974, sec. 201 (42 U.S.C. 5841); 5 U.S.C. 5514; 26 U.S.C. 6402; 31 U.S.C. 3701, 3713, 3716, 3719, 3720A; 42 U.S.C. 664; 44 U.S.C. 3504 note; 31 CFR parts 900 through 904; 31 CFR part 285; E.O. 12146, 44 FR 42657, 3 CFR, 1979 Comp., p. 409; E.O. 12988, 61 FR 4729, 3 CFR, 1996 Comp., p. 157.
Source
Source: 47 FR 7616, Feb. 22, 1982, unless otherwise noted.
Amendments
[67 FR 30323, May 6, 2002]