§16.47. Limitations.
31 C.F.R. § 16.47
The notice of hearing with respect to a claim or statement must be served in the manner specified in § 16.8 within 6 years after the date on which such claim or statement is made.
If the defendant fails to file a timely answer, service of a notice under § 16.10(b) shall be deemed a notice of hearing for purposes of this section.
The time limits of this statute of limitations may be extended by agreement of the parties.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 3801-3812.
Source
Source: 52 FR 35071, Sept. 17, 1987, unless otherwise noted.