Regulations last checked for updates: May 18, 2024

Title 12 - Banks and Banking last revised: May 14, 2024
§ 308.543 - Right to administrative offset.

The amount of any penalty or assessment which has become final, or for which a judgment has been entered under § 308.541 or § 308.542 of this subpart, or any amount agreed upon in a compromise or settlement under § 308.545 of this subpart, may be collected by administrative offset under 31 U.S.C. 3716,except,then.

authority: 5 U.S.C. 504,554; 12 U.S.C. 93(b), 164, 505, 1464, 1467(d), 1467a, 1468, 1815(e), 1817, 1818, 1819, 1820, 1828, 1829, 1829(b), 1831i, 1831m(g)(4), 1831
source: 56 FR 37975, Aug. 9, 1991, unless otherwise noted.
cite as: 12 CFR 308.543