{"data":{"id":"us/12-cfr-797.4","jurisdiction":"us","citation":"12 CFR 797.4","heading":"Delegation of authority.","body":"Authority to conduct the following activities is delegated to the Executive Director to:\n(a) Initiate and carry out the debt collection process on behalf of NCUA, in accordance with the FCCS;\n(b) Accept or reject compromise offers, suspend, terminate or waive collection actions to the full extent of NCUA's legal authority under 12 U.S.C. 1752(a) and 1789; 31 U.S.C. 3711, and any other applicable statute or regulation.\n(c) Report to consumer reporting agencies certain data pertaining to delinquent debts, where appropriate;\n(d) Use offset procedures, including administrative and salary offset, to collect debts; and\n(e) Take any other action necessary to promptly and effectively collect debts owed to the government in accordance with the policies contained herein and as otherwise provided by law.","path":["Title 12—Banks and Banking","CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION","SUBCHAPTER B—REGULATIONS AFFECTING THE OPERATIONS OF THE NATIONAL CREDIT UNION ADMINISTRATION","PART 797—PROCEDURES FOR DEBT COLLECTION","Subpart A—Scope, Purpose, Definitions and Delegation of Authority"],"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":"92ca32bc8c6a5532f56bd020359c85a7e5d3008163eec8eedba1e881b315d6d9","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-797.3","next":"us/12-cfr-797.5"},"notice":"GroundRules: Original legal text. Not legal advice."}