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

45 CFR 1150.11: How does subdividing or joining debts owed to the Endowment affect the Chairperson's compromise, suspension, or termination authority?

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Where this section sits in the code
  1. Title 45—Public Welfare
  2. Subtitle B—Regulations Relating to Public Welfare
  3. CHAPTER XI—NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES
  4. SUBCHAPTER B—NATIONAL ENDOWMENT FOR THE ARTS
  5. PART 1150—COLLECTION OF CLAIMS
  6. Subpart A—General Provisions

A debtor's liability arising from a particular transaction or contract will be considered as a single claim in determining whether the claim is one of not more than $100,000, excluding interest, for the purpose of compromise or suspension or termination of collection action. Such a claim may not be subdivided to avoid the monetary ceiling established by the Federal Claims Collection Act of 1966, as amended. Joining two or more claims in a demand upon a debtor for payment of more than $100,000 does not preclude compromise or suspension or termination of collection action with regard to any one claim not exceeding $100,000, excluding interest.

Collected 2026-08-27T02:26:21Z. Source file · JSON

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