{"data":{"id":"us/17-cfr-204.2","jurisdiction":"us","citation":"17 CFR 204.2","heading":"Definitions.","body":"(a) Administrative offset as defined in 31 U.S.C. 3701(a)(1) means withholding funds payable by the United States (including funds payable by the United States on behalf of a State government) to, or held by the United States for, a person to satisfy a claim.\n(b) Person includes a natural person or persons, profit or nonprofit corporation, partnership, association, trust, estate, consortium, or other entity which is capable of owing a debt to the United States Government except that agencies of the United States, or of any State or local government shall be excluded.","path":["Title 17—Commodity and Securities Exchanges","CHAPTER II—SECURITIES AND EXCHANGE COMMISSION","PART 204—RULES RELATING TO DEBT COLLECTION","Subpart A—Administrative Offset"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-17.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:31Z","sha256":"0a6e5b6b0466573e49d900b7c13a79ea515dee254b36dcc1b843f9b3c0466b50","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-204.1","next":"us/17-cfr-204.3"},"notice":"GroundRules: Original legal text. Not legal advice."}