GroundRules
36 CFR 1011.7: When will the Presidio Trust compromise a debt?
Where this section sits in the code
- Title 36—Parks, Forests, and Public Property
- CHAPTER X—PRESIDIO TRUST
- PART 1011—DEBT COLLECTION
- Subpart B—Procedures To Collect Presidio Trust Debts
(a) Authority. The Presidio Trust may compromise a debt in accordance with the FCCS and such procedures as the Presidio Trust may adopt. (See § 1011.16 of this subpart).
(b) Report to IRS. The uncollected portion of a debt owed to the Presidio Trust that is not recovered as the result of a compromise will be reported to the IRS as income to the debtor in accordance with IRS and Presidio Trust procedures.
Collected 2026-08-27T02:25:44Z. Source file · JSON