§4903.7. When will PBGC allow a debtor to pay a debt owed to PBGC in installments instead of a lump sum?
29 C.F.R. § 4903.7
If a debtor is financially unable to pay the debt in a lump sum, PBGC may accept payment of a debt in regular installments, in accordance with the provisions of 31 CFR 901.8.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 5514; 29 U.S.C. 1302(b); 31 U.S.C. 3701-3719, 3720A; 5 CFR part 550, subpart K; 31 CFR part 285; 31 CFR parts 900-904.
Source
Source: 75 FR 68205, Nov. 5, 2010, unless otherwise noted.