§ 213.31. Termination---general.
87 words·~1 min read·
/us/cfr/t22/s§ 213.31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The CFO may terminate collection actions including accrued interest, penalties and administrative costs, where the debt principal does not exceed \$100,000. If the debt exceeds \$100,000, USAID obtains the approval of DOJ in order to terminate further collection actions. Unless otherwise provided for by DOJ regulations or procedures, requests to terminate collection on debts in excess of \$100,000 are referred to the Commercial Litigation Branch, Civil Division, Department of Justice, for approval. \[67 FR 47258, July 18, 2002, as amended at 86 FR 31145, June 11, 2021\]