§1018.53. Finality of a compromise.
49 C.F.R. § 1018.53
An offer of compromise must be in writing and signed by the debtor. An offer of compromise which is accepted by the Board is final and conclusive on the debtor and on all officials, agencies and courts of the United States, unless obtained by fraud, misrepresentation, the presentation of a false claim, or mutual mistake of fact.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 3701, 31 U.S.C. 3711 et seq., 49 U.S.C. 1321, 31 CFR parts 900-904.
Source
Source: 58 FR 7749, Feb. 9, 1993, unless otherwise noted.