GroundRules
15 CFR 19.7: When will Commerce entities compromise a Commerce debt?
Where this section sits in the code
- Title 15—Commerce and Foreign Trade
- Subtitle A—Office of the Secretary of Commerce
- PART 19—COMMERCE DEBT COLLECTION
- Subpart B—Procedures To Collect Commerce Debts
If a Commerce entity cannot collect the full amount of a Commerce debt, the Commerce entity may, with legal counsel approval, compromise the Commerce debt in accordance with the provisions of 31 CFR part 902 and the Commerce entity's policies and procedures. (See Commerce Department Credit and Debt Management Operating Standards and Procedures Handbook, available at http://www.osec.doc.gov/ofm/credit.cover.html.)
Collected 2026-08-27T02:24:24Z. Source file · JSON