§ 1075.109. When payments to victims are impracticable.
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/us/cfr/t12/s§ 1075.109·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Individual payments. Making a payment to an individual victim will be deemed impracticable if:
(1)The payment to the victim would be of such a small amount that the victim would not be likely to redeem the payment;
(2)The payment to the victim is too small to justify the cost of locating the victim and making the payment;
(3)The victim cannot be located with effort that is reasonable in light of the amount of the payment;
(4)The victim does not timely submit information that a distribution plan requires to be submitted before a payment will be made;
(5)The victim does not redeem the payment within a reasonable time; or
(6)The Fund Administrator determines that other circumstances make it unreasonable to make a payment to the victim.
(b)Payments to a class of victims. Making payments to a class of victims will be deemed impracticable if:
(1)The expected aggregate actual payment to the class of victims is too small to justify the costs of locating the victims in the class and making payments to them;
(2)It would be impracticable under paragraph
(a)of this section to make a payment to any victim in the class; or
(3)The Fund Administrator determines that other circumstances make it unreasonable to make payments to the class.
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§ 1075.109
When payments to victims are impracticable.
Fed. Reg.×1
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