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Federal regulations · Through 2026-08-25 · Newer source version available

22 CFR 1506.32: If I am jointly and severally liable on a claim, will USADF delay collection action against me until the other debtors pay their proportional share?

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Where this section sits in the code
  1. Title 22—Foreign Relations
  2. CHAPTER XV—AFRICAN DEVELOPMENT FOUNDATION
  3. PART 1506—COLLECTION OF CLAIMS
  4. Subpart D—Compromise of Debts

When two or more debtors are jointly and severally liable, collection action will not be withheld against one debtor until the other or others pay their proportionate share. The amount of a compromise with one debtor is not precedent in determining compromises from other debtors who have been determined to be jointly and severally liable on the claim.

Collected 2026-08-27T02:24:49Z. Source file · JSON

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