{"data":{"id":"us/12-cfr-797.5","jurisdiction":"us","citation":"12 CFR 797.5","heading":"Authority and scope.","body":"NCUA may collect a debt owed to the federal government from a person, organization, or other entity by administrative offset, pursuant to 31 U.S.C. 3716, where:\n(a) The debt is certain in amount;\n(b) Administrative offset is feasible, desirable, and not otherwise prohibited;\n(c) The applicable statute of limitations has not expired; and\n(d) Administrative offset is in the best interest of the federal government.","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 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":"bb4d1995a9f7cac6cda3a5f0ffdf47092935bbf26b98744522ef379eb551c518","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-797.4","next":"us/12-cfr-797.6"},"notice":"GroundRules: Original legal text. Not legal advice."}