§1506.6. Will USADF subdivide a claim in excess of $100,000?
22 C.F.R. § 1506.6
USADF will not subdivide a claim to avoid the $100,000 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.
Notes, amendments, and revision history
Authority
Authority: Title V of the International Security and Development Cooperation Act of 1980, 22 U.S.C. 290h; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR 900-904; 5 CFR 550, subpart K; 31 U.S.C. 3720A.
Source
Source: 81 FR 95028, Dec. 27, 2016, unless otherwise noted.