{"data":{"id":"us/12-cfr-313.23","jurisdiction":"us","citation":"12 CFR 313.23","heading":"Offset prior to completion of procedures.","body":"The FDIC may collect a debt by administrative offset prior to the completion of the procedures described in § 313.25, if:\n(a) Failure to offset a payment would substantially prejudice the FDIC's ability to collect the debt; and\n(b) The time before the payment is to be made does not reasonably permit completion of the procedures described in § 313.25. Such prior offsetting shall be followed promptly by the completion of the procedures described in § 313.25.","path":["Title 12—Banks and Banking","CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION","SUBCHAPTER A—PROCEDURE AND RULES OF PRACTICE","PART 313—PROCEDURES FOR COLLECTION OF CORPORATE DEBT, CRIMINAL RESTITUTION DEBT, AND CIVIL MONEY PENALTY DEBT","Subpart B—Administrative Offset"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"a524d3004bbf97c6bddbf95f1f08d236b25dd464e4215a460fbe2cba7d685cb9","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-313.22","next":"us/12-cfr-313.24"},"notice":"GroundRules: Original legal text. Not legal advice."}